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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.03-1.2%Dec 31 3:59 PM EST
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To: Maurice Winn who wrote (16760)9/14/2000 4:59:44 PM
From: Jim Parkinson  Read Replies (1) of 29987
 
I agree with your assessment with the progress, Maurice, but what would you say if Iridium was allowed to live. There are rumors circulating to that effect. I do not know if they are credible but they are out there. My assessment is that Iridium is still limited to voice at medium quality, the system is very expensive to operate and the sats are going to have to be replaced sooner than later so I don't see how they can materially affect G*. But I could be wrong and I hope the rumors are bs in which case this post has no relevance.
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