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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.15+5.9%1:40 PM EST

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To: Red Heeler who wrote (9339)1/7/2000 3:29:00 AM
From: FreekBro  Read Replies (1) of 29987
 
Though it's nice to see someone/anyone recommending G* as a top pick for 2000, the article would hold much more credibility with me if the authors/analyst knew that the Iridium constelation uses LEO birds rather than GEO's as stated in the article.

"What separates Globalstar from the bankrupt Iridium is that Globalstar's network is based on 48 low-earth-orbiting (LEO) satellites instead of the geosynchronous earth orbit (GEO) satellites on which Iridium had relied. LEO satellites offer a distinct advantage in terms of both cost and performance because their lower orbits place them closer together, reducing the number of satellites needed to complete the network, and because they use "smart" telephones rather than relying on expensive onboard processing.

Don't get me wrong, I'm not complaining about the positive publicity. I believe G* will be wildly successful. You would think that at least one of the 8 authors would have caught that mistake.

by Blair G. Jeffery, Margaret Medina, Don Diaz, Charles Rotblut, Chris Connor, Gardner Landry, Fred Rendon & Theo Spradlin

FreekBro
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