Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 57.65

+6.5%

Feb 6 9:30 AM EST

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To: Drew Williams who wrote (3092)	2/23/1999 6:31:00 PM
From: djane	Read Replies (1) of 29987

Drew, I got the same feeling from the CC. Question? Does the "high single digits" cost ($.08-.09?) mentioned by Bernie include the cost to operate the gateways ($.07 estimate by ING analyst)? Under contracts with service provider partners, GSTRF receives $.47. Very, very nice margins. About a month ago, I wrote that the stock price wouldn't really move until the next launch on 3/11/99 (?) and G* can begin sat-to-sat testing with 16 birds up. The I* problems just exacerbated the slide to $16. I have mixed feelings about the slide. On the positive side, from my ASND/LU profits, I have two more large purchases to complete my GSTRF position. I've got another buy order in at $15.

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