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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: John Stichnoth who wrote (4448)5/4/1999 10:49:00 AM
From: Jeff Vayda  Read Replies (1) of 29987
 
John: Just a slight verification on handset volumes, are the numbers stated increases over previous numbers or totals up to that time?

"At Kickoff in 3Q (Sept 30?), they will have 30,000-plus handsets vailable for 8-9 "major" gateways, 130,000 available at year-end for 16 gateways, ..."

130K available at the end of the year or 130K in addition to the previous 30K?

160K/4 months = 40K/month capacity
130K/4 months = 20K/month capacity

Which is a large difference if they see they want to ramp up to meet a demand.

Just a nit.

Jeff Vayda
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