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

To: Rocket Scientist who wrote (6202)	7/30/1999 4:12:00 PM
From: Rajala	Read Replies (1) \| Respond to of 29987

You are right in that I* has not reached 1 year yet. However, the figure 15 000 subscribers is by the end of June, not by the end of 1Q. Secondly, I have read from two different sources that the G* aim is 1 M subs after 1 year. So my figure 66 x the performance figure is incorrect. Assuming I* gets 20,000 losers rounded up by the end of the first year of "operation", the performance factor is 50 x. Adjusting to different G* targets (1M during the first 1.5 yrs etc.) and different I* projections is easy. Only problem is that they all end up yielding in freak multiples. So could G* be 50 x more successful than I? Could that possibly happen? I think it is pretty academic. If G is successful they beat I*, if they are very successful, they beat by the factor of maybe 2x or 5x during the first year of "operation". - rajala