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

To: John Stichnoth who wrote (6882)	8/26/1999 1:54:00 PM
From: The_Guru_00	Read Replies (2) \| Respond to of 29987

<<3. Regardless of debt level, irid won't make money for its holders in anything close to a material way. (This is the point, I take it where you see some hope. I don't. The benefit for the holders in a restructuring and continued operation is to defer writedowns. No more. They can't get to the next generation. They won't be able to justify launching more sats.)>> I appreciate your comments. However, how can a Globalstar bull make a statement so negative on the market for satellite services. If the retail prices (handsets and minutes), how can Iridium fail miserably and G* be a grand slam homerun. And please dont give me the CMDA/TDMA answer, because that is not enough of a diff. Thanks Guru