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Technology Stocks : Globalstar Memorial Day Massacre -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (274)	5/30/2000 9:50:00 PM
From: Bo Le	Respond to of 543

Maurice, I brought some Globalstar recently and think it is an very interesting stock. I agree its Chairman that Globalstar will run out of money it current has before year end. I also agree with its Chairman that more money will be available before that happen. If a GSTRF user spend $100 a month on its service, GSTRF needs about 300000 users to break even (roughly speaking). Since GSTRF serves more than 100 country, that means 3000 users per country. Is this a impossible task for GSTRF? I don't think so. Wall Street is betting nobody will give a penny to GSTRF. Just feel the street is wrong on this one. Bo