SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Scientist who wrote (8622)12/9/1999 6:32:00 PM
From: Rocket Scientist  Respond to of 29987
 
Iridium gets 20M$ funding commitment from Motorola

quote.bloomberg.com

Supposed to be enough to support operations another two months. Article quotes company as noting that IWCL stock is likely be worthless (big surprise). Also says Irid has 50K customers and that Mot will strt shipping 2nd gen phone by year end.

How can 50K customers generate only 1.2M$/month revenue?