Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Michaelth1 who wrote (17153)	9/21/2000 11:22:52 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 29986

M1: I would put you on ignore, if only I could get my head out of the sand. Jeff Vayda

To: Michaelth1 who wrote (17153)	9/21/2000 11:30:03 AM
From: Jim Parkinson	Read Replies (5) \| Respond to of 29986

A pleasant surprise! Just when I had resigned to accept the fact that no meaningful marketing from Verizon would occur in the near future especially after being told that Verizon won't push this until 2001 (due to needing to get their house in order after the BAM merger), I open our local paper today and see a 1/2 page Verizon ad featuring G! The ad listed 6 authorized agents and I have called everyone. All had intelligent life concerning G, 3 had demo phones, all had and are selling phones, all were very upbeat about the prospects. I spoke with 2 store owners who have bought the stock, 3 have sold car kits (5 units in last 60 days) 1 has sold 2 marine kits in the last 3 wks, all say interest is picking up. Whew! Beats the heck out of the responses I got from US dealers 3 months and especially last March and April when I really began my push. Hard to get an accurate count on numbers but each dealer claimed they had sold 20 or more in the last 2 months so that is 120 here in podunk Boise Id, not the population center of the universe. I am encouraged!

To: Michaelth1 who wrote (17153)	9/21/2000 11:45:16 AM
From: dwight martin	Read Replies (2) \| Respond to of 29986

Assume a 30% per month growth of voice subs (a figure I doubt anyone will say is outlandish) from June's lowly 13k number: 1.3 to the eighteenth power is 112, times 13k equals 1.46MM @ YE'01. Obviously, the growth will not be smoothly exponential, and there is likely to be relatively faster growth at the lower end, and relatively slower growth at the upper, but these are some realistic numbers to play with, IMO. If applied toward the next report, they give a number of about 27,500 voice subs, which I think will be topped. Assuming 1MM (not 1.46MM) voice subs by YE'01 @ 60 MOU per, equals $27.5MM per month, or $82MM per quarter. Most recent burn rate was $97MM per quarter, and is probably going down a little more, but say $100MM. So, discounting the significant but hard-to-estimate data, fixed, IFT, and IFN, we are within shouting distance of breakeven on voice alone, using conservative numbers, by the end of 2001. That's how I see it.