Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: add who wrote (18411)	2/22/2000 2:41:00 PM
From: john t. brice	Read Replies (1) \| Respond to of 27311

add, et al: I don't know if any one else saw he CEO of Loral ( Harold Schwartz, I think) on CNBC this morning. He apparently came on to do an interview in defense of Globalstar which has been sliding recently. The negative argument is that the availability of phones has not the met companies original projections and the company has backed away from the number of phones they see in use by year end. His defense is that in start up companies that feature new technologies it is not unusual to have "bumps in the road" and he felt the availability issue is behind them. He went on to say that instead of the original 600,000 phones in use, the company projected by year end, the worst case scenario would be 500,000 sets. In addition he was not entirely convinced that the company would not be able to still meet the 600,000 number. duckster