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


To: go_globalstar who wrote (22479)3/12/2001 11:40:32 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 29987
 
gG*: So where do we stand? Well, we might not be standing, but we sure are sitting pretty! As you noted, our constellation is up and supporting. Our constellation is not teetering on the requirement to launch additional sats in the next couple of years. Our system is built out and revenue sharing (roaming) agreements are in place.

The only thing we lack is the demonstrated desire of the SPs to make a go of it. I know it might take some more time for them to figure out that G* will not finance their 3G cap ex requirements, but when they do - I'm sure they will price the service such that it will actually generate enough revenue to pay off in the long run.

The sky seems a particular shade of blue today!

Jeff Vayda