Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.76

+3.0%

Dec 30 3:59 PM EST

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To: CommSatMan who wrote (4135)	4/24/1999 10:05:00 AM
From: Valueman	Read Replies (1) of 29987

For now, all we have is the company line. I have to trust in that since I have no other reliable source. I know the number of circuits available in the sats and gateways, and they are ample enough to make money. They make money at half or even a quarter of max capacity. That is the margin of safety I need. All the factors are supposedly factred in to come up with the 12 billion number. We can only speculate on the actual numbers, and nobody here can come to a conclusion that is more factual than the "company line." Sad, but true. Iridium is actually taking gateways out of the system at this time, further cutting their capacity. Just another bad move on their part. More gateways=more circuits=more billable minutes.

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