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

To: Skywatcher who wrote (3228)	3/2/1999 11:38:00 AM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

Chris, Another bright spot in the Service Provider arena. Did you know that AirTouch has a major joint development alliance with Nissan Motor Company? Can you say, "A satellite phone in every Nissan for seamless calling anywhere in the US/Canada/Japan/Mexico/Australia, etc." Regards, Dave

To: Skywatcher who wrote (3228)	3/2/1999 5:57:00 PM
From: djane	Respond to of 29987

G* at $350/share in 2002? (fun collection of posts from y* thread) Top > Business and Finance > Stocks > Services > Communications Services > GSTRF (Globalstar Telecommun.) Boy I was dreaming.. Math is wrong Must be tired. by: AR2BW (50/M/Orlando, FL) 4636 of 4669 GLP = $902.4 million/million over breakeven GSTRF = .36 GLP = 324.86 million/million or $3.96/share (hey whats an order of magnitude anyway) P/E = 45 and 2X (3 million) = 4523.96 = $356/share P/E =15 and 6.5x (end of life 7.5 million) = 156.53.96 = $386/share. A more practical dream. sorry for the gross errors. Posted: Mar 1 1999 9:02PM EST as a reply to: Msg 4630 by AR2BW ________________________________________________________________ AR2BW you're off by a factor of 10 by: RcktScntst3 4635 of 4669 250M$/82M shares=3$/sh, not 30$. Otherwise, you're analysis seems OK to me and it still makes a compelling case for GSTRF. Posted: Mar 1 1999 8:53PM EST as a reply to: Msg 4630 by AR2BW _______________________________________________________________ Original post Top > Business and Finance > Stocks > Services > Communications Services > GSTRF (Globalstar Telecommun.) A mind experiment (in my dreams!) by: AR2BW (50/M/Orlando, FL) 4630 of 4669 Isn't GLP a partnership that will return most cash over breakeven cash flow (cash generated by over 1 million subscribers) to the general partners withholding only needed reserves? Doesn't GSTRF (our public stock holding company) hold 36% of the GLP shares? Then GSTRF will receive 36% of the total GLP cash flow over the breakeven point. (LOR would get 42%) If GLP sells minutes wholesale at $.47 and the assumption that each subscriber has 160 minutes/month (1920/yr) as BS stated in the conference call, then the free cash flow/million subscribers over breakeven is about $900 Million (all cash to the bottom line). This gives GSTRF about $250 Million or (with 82 million shares) about $30.57/share/million subscribers over breakeven. The 3 million subscribers expected by 2002 would thus create 2X this or about $61.14/share (max subscribers for G1 of 7.5 million would produce 6.5X this or $198.71/share) I don't know what plans the GSTRF holding company has for this cash gusher (dividends, acquistions, etc) but with an expected growth rate of about 30% this could be a P/E of at least 45 so that the share price could be $2,751!!! in 2002 and a P/E of maybe a mature 15 at 7.5 million end of G*1 life of $2,980.65/share. What a dream! Boy it would be nice! Posted: Mar 1 1999 8:28PM EST as a reply to: Msg 4626 by AR2BW Replies: View Replies to this Message