SI
SI
discoversearch

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.
Technology Stocks : Primestar/TCI Satellite (TSATA)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zebraspot who wrote (55)9/3/1998 10:56:00 AM
From: Goodboy  Read Replies (1) of 442
 
Iridium is a greater risk because of the number of birds in orbit and the fact that they will be running a service during a high interference period, never mind the potential to knock out or knock down their Leo birds. Globalstar may benefit from this in the long run because they have no birds in space yet, but the perception of satellites not being a reliable as once thought will hurt everyone. The in orbit insurance rates will skyrocket and the bad PR will not have people lining up to pay thousands to have one of these phones. Keep the old cellular. That would screw both Iridium and Globalstars business plans. Bankruptcies make equity worthless. That is where Iridium is headed. Forget the value of their assets, they will go to someone else. Globalstar will fall with Iridium, but maybe it could be a major buy after the damage late next year. Maybe they will be smart enough to delay their service 6 to 9 months. Smart biz move, but it would sent the stock into the 4 to 6 range. THat is what I expect. Sorry.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News