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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (5161)6/11/1999 10:09:00 AM
From: limtex  Read Replies (1) | Respond to of 29987
 
MW -

Actually the problems of last summer and the Iridium and ICO problems may have created one huge BO. It may be that the delays and problems have been hugely beneficial to G*.

Best regards,

L



To: Maurice Winn who wrote (5161)6/18/1999 3:47:00 PM
From: Rocket Scientist  Respond to of 29987
 
Iridium operating costs are dominated by Motorola's Operations and Maintenance subcontract to the tune of nearly 600M$/year. This figure seems preposterously high, but it's in IRID's SEC filings.