SI
SI
discoversearch

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: TMann who wrote (12023)4/30/2000 11:05:00 AM
From: Geoff Goodfellow  Read Replies (3) | Respond to of 29987
 
After looking over the recent 10K I'm increasingly concerned about ramping revenues to meet debt obligations. The rollout seems rather slow and I fear a cash crunch impeding later this year. Sure this will be a successful venture, but will we equity holders get wiped out in the process?? Appreciate comments and strategy to cope.

Comment: A very prudent concern and astute observation! I believe the company will be unable to meet its debt obligations and will be forced into a Chapter 11 filing in the 2001 time frame. I reiterate my Oct Telecom 99 prediction (#reply-11507139) of 50K total subs by service launch activation date.

Strategy: Sell now and buy Wheaties (http://www.wheaties.com)

Geoff Goodfellow



To: TMann who wrote (12023)5/1/2000 8:01:00 AM
From: mts362  Respond to of 29987
 
You're concerned about the 10-K???!!! Did you check the date on that document? It's 12/31/99, before most of the roll-out even took place. Obviously their revenue wasn't to impressive.

MTS


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News