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


To: Boplicity who wrote (10688)3/9/2000 5:27:00 PM
From: Maurice Winn  Respond to of 29986
 
Gidday Greg, I heard a day or so ago that the furniture was removed from Iridium's offices, so I'm not sure that they even have a week or so to get money. Well, maybe they can stand up while they ask. I'm not sure that's true, but it was from a usually reliable source.

In any event, for 3 years I've maintained that Iridium had no business being launched as was amazed when they actually did. Then they failed to do a good job of selling so they were never really a competitive threat. Even if they had sold their piffling amount of minutes they were of little consequence.

It's sad that such waste has happened. But it's less than goes up in smoke from fags, so it's no big deal in the grand scheme of things [unless you are a shareholder, subscriber, employee, lender, supplier etc].

ICO is likewise in trouble, but at least won't be a total capital loss since it seems likely to be launched, though Globalstar could still put paid to that idea by fast and Feral Marketing. [Wild and crazy and energetic and cheap and cut through the dross and get millions signed up fast and work 24/7 to fix any problems].

Maurice

{I think all is well with me, thanks}