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

To: dwight martin who wrote (17145)	9/21/2000 10:30:17 AM
From: Jetter	Read Replies (1) \| Respond to of 29986

dwight, Why would that be high? If the system is up and running anyone that was waiting for it should be on. If they are not on now what would cause them to join now? Just curious. Regards.

To: dwight martin who wrote (17145)	9/21/2000 11:16:47 AM
From: Michaelth1	Read Replies (4) \| Respond to of 29986

A quintupling of subs is, I think, not a reasonable prospect. I saw this one coming. Just because G* started off horribly in 2Q (10,000 subs) doesn't mean that we should cut them slack and let them work off 10,000 as a base for percentage comparisons. Absolute numbers are what matter. We need to get up to 1 million subs by YE01 (or so). To do that, G* needs to ramp up to adding 30,000 - 50,000 PER MONTH quickly (with subsequent increases in monthly add). Only having 25,000 subs after almost a year / 6 months (depending how you slice it) of being operational is very, very bad. It's worse than I* did (I know that G* is a superior system with many other applications, but the fact remains that I* had more subs after 6 months). Please don't try to fool yourself into thinking that even 50,000 subs would be a "good job" by G, it's still a disappointment (one that's factored into the price of the stock, albeit). Please give me a time line on how G will get to 1 million subs to breakeven (which assumes a dramatic increase in average MOU per sub). Here's how I see G* having to do it, and I don't see how G* can get its ducks in a row to do it. 2Q01 - 10,000 3Q01 - 40,000 (I'm being very generous) (30,000 subs added) 4Q01 - [100,000] (60,000 subs added) 1Q01 - [220,000] (120,000 subs added) 2Q01 - [400,000] (180,000 subs added) 3Q01 - [650,000] (250,000 subs added) 4Q01 - 1 million (350,000 subs added) Is this viable (that's a real question)? Or is it that data will add so much incremental income that the subs don't need to be so high?