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: BobRealEstate who wrote (17942)10/13/2000 12:56:05 PM
From: dwight martin  Read Replies (1) | Respond to of 29986
 
Globalstar will begin a promotion called Time or Money.

Either one is OK. We need both.

We estimate third quarter end subscribers to be about 25,000 generating 2.6 million billable MOU in the quarter for $1 million in total service revenue.

Let's remember that the numbers we will see will not be affected by the last month's share price depreciation. Even a mere doubling of subscribers every quarter (which is what these numbers signify) would put the system at or close to breakeven revenue by early 2002. And that's ignoring data, fixed, IFN, any out-quarter reductions in burn rate that may be (or may not be) achieved, and the results, if any, of the advertising and promotional push that is just beginning.

FWIW, my estimate of subs is northward of 27,500

Message 14425333