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


To: A.L. Reagan who wrote (10472)3/4/2000 10:20:00 AM
From: John Stichnoth  Respond to of 29987
 
The issue for G* is not competition. It is the debt incurred to get to today. The debt compounds while the start of service shifts "to the right". We are still alright, imo, but each delay in service doesn't just cost the amount of that "opportunity" lost. It also costs the compounded interest cost until the debt is expunged. And that may be a multiple of the initial cost.

So, the focus has to be on MOU's and handsets delivered into the hands of paying customers.

jmo. Best,
John