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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Ploni who wrote (18412)8/31/1999 12:13:00 PM
From: Gerald Walls   of 18691
 
Iridium is in Chapter 11. ICO Global Communications is in Chapter 11.

Globalstar Telecommunications Limited (GSTRF), is the only remaining non-bankrupt competitor in the mobile satellite service market.

Are they next?

Herb Greenberg on TheStreet.Com had a story about this topic this morning. He said that capital in this area is dried up.
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