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

To: Dragonfly who wrote (7117)	9/1/1999 1:24:00 PM
From: Rocket Scientist	Respond to of 29987

Company answers on breakeven as of May 99 at this link: loral.com It's part of a May99 investor's briefing on Loral and G* and hopefully not too out of date. It says cash breakeven (operating expenses and interest) reached with 550K subs. Operating expenses, interest + "replace the system" (approximately the same as depreciation expense?) is at 1M subs, supposed to be reached in 4Q00. It doesn't say what $/ minute or mou/month are assumed, though consensus around here seems to be about .47$/minute and 140 min/month, respectively.