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

To: Jim Parkinson who wrote (4480)5/6/1999 2:26:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
Thanks for the MS report summary. Price targets aren't all that aggressive -- guess it gives their customers time to accumulate before the 9/99 service start. Maybe interest rate/launch jitters will provide us another chance to add more G* to the portfolio. If the US market is going to slide in the summer/fall, G* does provide nice diversification as a play on the much higher growth/recovery in the developing world. djane



To: Jim Parkinson who wrote (4480)5/6/1999 10:15:00 PM
From: Andmoreagain  Read Replies (1) | Respond to of 29987
 
Jim Parkinson: Good post on the Morgan Stanley report. Question: The financing requirement mentioned in the report - I believe it was $600 million; is this the requirement to reach cash flow break-even, or to service initiation? If just to service initiation, is there an estimate of additional funds needed to reach cash flow break-even?

Thank you...


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