Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.25

-0.8%

Dec 24 12:59 PM EST

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To: djane who wrote (4223)	4/27/1999 11:23:00 AM
From: djane	Read Replies (1) of 29987

briefing.com. Iridium World Communications (IRID) 15 9/16 -13/16: Friedman Billings Ramsey downgrades provider of global mobile wireless communications systems from "buy" to "hold" as Q1 results below expectations; company facing continued problems with marketing and distribution of its products and services; company also in the midst of renegotiating the terms of its bank credit facilities; lowers 1999 and 2000 total subscribers, revenue and EBITDA estimates......

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