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

To: dougjn who wrote (1456)	7/17/1998 12:29:00 PM
From: Robert Scott	Read Replies (1) \| Respond to of 29987

Based on how many minutes? Thanks

To: dougjn who wrote (1456)	7/18/1998 11:23:00 PM
From: Dragonfly	Read Replies (2) \| Respond to of 29987

What do you want to bet that Globalstar will "have no replacement costs" over five years-- quoting readware? It is beyond my capacity for beleif that Globalstar won't launch replacement sats in the next 5 years- I guarantee they will. I mean, has anyone, ever, launched 60+ successive sats and not had one of them fail in launch or over the next 5 years? On the other hand, it was very interesting to see the break even numbers quoted, however, as usual, we don't have the assumptions used in coming up with the capacity number used to spread the development cost over. This is exactly the point I'm trying to illuminate. Dragonfly