Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: djane who wrote (7518)	9/23/1999 2:13:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

Bloomberg Radio interview with G* CEO (via G* yahoo thread) Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) Bloomberg Radio interview with G* CEO by: esqladyq 13489 of 13490 The GSTRF CEO was interviewed by Bloomberg radio yesterday. These are notes taken from the broadcast interview. Points: -pricing will be "$1-2 per minute" worldwide with the specific price points left to the SP's -roaming price will "probably" be under $3/min worldwide -lots of discussion about remote users in the mining and agriculture bus of Brazil being prospects -He reiterated their projection of 1MM subs ww by 12/00, 200K subs in Brazil by 12/02 and expects that Brazil will sign up 2500-4000 subs in first month of service. -He also said the $600MM revenue estimate for next year looks realistic and said they "clearly expect" to be profitable in Q4/00 or Q1/01. -When asked if additional financing would be needed he replied "absolutely not" -Thought the renaming of the Airtouch subsidiary yesterday was interesting. bloomberg.com Posted: 9/23/1999 2:03 pm EDT as a reply to: Msg 13485 by esqladyq