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

To: Brian K Crawford who wrote (8898)	12/28/1999 5:47:00 AM
From: Dale Baker	Respond to of 29987

Anyone looking for a picks and shovels play on satellites should consider NSATF. They also resell DirecTV service and manufacture LNB's and KA-band digital satellite equipment. From Briefing:"Sympathy Play: One stock that appears to be running in sympathy with Globalstar is Norsat International (NSATF 14 3/4 +2 15/16), which announced Thursday it will become a distributor of Globalstar's services... NSATF shares have rallied 25% on almost three times average daily volume... - DS

To: Brian K Crawford who wrote (8898)	12/28/1999 7:43:00 AM
From: Labrador	Respond to of 29987

>>Regarding the 400,000 minutes cited for profitability: I think this is the estimated positive cash flow crossover point. To turn a profit, (after depreciation and interest expense, etc.) I believe I read that they will need more like a million minutes sold.<< I believe that this is 400K customers, not minutes.