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

To: Rocket Scientist who wrote (6423)	8/11/1999 3:59:00 PM
From: djane	Respond to of 29987

G* and WLL in China/Russia Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) To SepDave, Fixed Phone Demand by: QComEngr (36/M/San Diego, CA) 9528 of 9528 Perhaps you would like to explain this to China Space Comm - the Chinese service prover who will have 3 gateways, with the intent of using these to a geat extent for WLL type deployments. Also, to Rotelecom - the Russian service provider who is also deploying 3 gateways to cover the enormous gaps in service there using G* as a WLL type solution. I also quote your post that the HNS system will suffice "For users with low-traffic requirements"... Posted: 08/11/1999 03:51 pm EDT as a reply to: Msg 9523 by SephardicDave

To: Rocket Scientist who wrote (6423)	8/11/1999 5:27:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

IRID defaults on credit agreements (CNBC just now) <eom>

To: Rocket Scientist who wrote (6423)	8/11/1999 7:08:00 PM
From: djane	Read Replies (2) \| Respond to of 29987

Bloomberg. Iridium Declares Default on Bank Loans Totaling $1.5 Billion Washington, Aug. 11 (Bloomberg) - Iridium LLC, the cash- strapped satellite-telephone company, said it defaulted on its $800 million syndicated bank loan and a $750 million bank loan guaranteed by Motorola Inc. Last week, Chase Manhattan Corp. declared the $800 million loan in technical default. The announcement wasn't unexpected, analysts said. The crucial date for Iridium is Monday, when it must make an interest payment of $90 million on $1.45 billion in bonds. Iridium shares fell 3/8 to 5 15/16. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min