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

To: Rocket Scientist who wrote (6997)	8/30/1999 3:48:00 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 29987

RS--Re 100K per monthy--Thanks. I agree, that would represent "complete" success. Any indication that they will get there would send G*'s stock price North really quickly. Valueman's estimate of 600,000 to reach breakeven would to me imply that 40,000 per month might be a minimum threshold. And even that number would imply slippage to the right, some additional financing and therefore some dilution of the early shareholders, I expect. Best, JS