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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.86+1.6%Nov 25 3:59 PM EST
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To: JMD who wrote (4236)4/27/1999 1:46:00 PM
From: mauser96  Read Replies (1) of 29987
 
Today's WSJ has an article about the problems with Iridium. Apparently it just doesn't work a lot of the time. Some of these problems are specific to Iridium, but there are some that likely apply to GSTRF. First is that low powered satellite phones don't work deep inside buildings. Second is the high cost which is driving people to use Iridium only in emergencies, falling back on the internet for most transactions.
Anybody have any comments on the problem of people having to go outside to use their satellite phone?
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