A Globalstar Projection--Handsets.
I think the ING numbers make a lot of sense. If this is what happens, what does that imply for the stock price? Cumul EOM Mfd Sold Returns Avail Subs Oct-99 5,000 5,000 Nov-99 10,000 10,000 100 14,900 4,750 Dec-99 15,000 15,000 450 29,450 14,155 Jan-00 20,000 20,000 650 48,800 27,978 Feb-00 30,000 30,000 900 77,900 46,360 Mar-00 40,000 40,000 1,300 116,600 74,005 Apr-00 40,000 40,000 1,600 155,000 110,770 May-00 40,000 40,000 1,600 193,400 147,250 Jun-00 40,000 40,000 1,600 231,800 183,730 Jul-00 50,000 50,000 1,700 280,100 220,210 Aug-00 50,000 50,000 2,000 328,100 266,095 Sep-00 50,000 50,000 2,000 376,100 311,695 Oct-00 60,000 60,000 2,100 434,000 357,295 Nov-00 60,000 60,000 2,400 491,600 412,300 Dec-00 60,000 60,000 2,400 549,200 467,020
Best, JS |