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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (5330)	6/23/1999 2:35:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

Two particularly nice points in the article: -"With only 15% of the earth's surface area covered by cellular service" -"Globalstar's stock is especially cheap right now. If the service is running at full capacity in two years, it could make as much as $12 billion in revenue. At its current price of $17, that would give the company a price-to-sales ratio of 0.1. A comparable cellular company, Sprint PCS (PCS), has a 2001 price-to-sales ratio of 3.9. That's almost 40 times larger for a company that makes much lower profit margins on its revenue than Globalstar should get."