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

To: MileHigh who wrote (10187)2/19/2000 10:25:00 AM
From: Sawtooth  Read Replies (1) | Respond to of 29987
 
<<What I do not understand about McCaw's Iridium bid is this...Is he going to be able to buy this POS at such a low price that his overall cost per minute will rival GSTRF's??
That's what worries me. Gilders big argument is that G's total outlay was X and Iridium's was 7X. Well, if McCaw comes in and buys this POS at 1/7th of the cost form bankruptcy, then what?>>

Irid still won't be CDMA.

......VVVVVVV



To: MileHigh who wrote (10187)2/19/2000 9:32:00 PM
From: JGoren  Read Replies (1) | Respond to of 29987
 
I've said it many times: the only threat to G* is if Iridium is rescued from bankruptcy at such a cheap price that it can compete $wise with G*.


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