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


To: djane who wrote (5343)6/23/1999 9:07:00 PM
From: Michael T Currie  Respond to of 29987
 
> ICO expects to begin commercial operations of its mobile satellite services in the third quarter of next year.

Well, that's one of the keys to the poor performance of the stock, isn't it? Over a year behind the other 2 players. This, plus the fact that they can't get their financing sorted out, makes the company look to be in pretty desparate straits - even worse than IRID, in my opinion.

Mike

Disclaimer: short ICOGF, long (temporarily) IRID, and very long GSTRF. This time next year, Globalstar may be the only viable game in town.