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: Rocket Scientist who wrote (4351)	4/30/1999 5:50:00 PM
From: John Stichnoth	Respond to of 29987

impression that they'd reach EBITDA breakeven with 300-400K UTs I'd never seen that number. I'd arrived at my conclusion by various guesses, and info from the CC, but (even though the final answers seem so different) our two numbers are pretty close. I'm really quoting an after depreciation and interest and debt amortization number. I don't think you can deduct depreciation or interest in your calculation. The minimum goal should be to be able to finance the second generation of satellites from internal funds, IMO. Otherwise, we original shareholders will be diluted unmercifully. Also, my 2MM figure assumes 300,000 units either in the channel or otherwise not generating minutes (it might be lower, but there will be substantial numbers), and average minutes of about 88 per month (don't ask me how I arrived at that odd number, I don't remember). The minutes per unit is a big assumption. Even for their people it's a wag, and again points to the importance of getting the available user terminals into the correct hands.