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.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (18504)	3/17/2000 12:54:00 AM
From: TheStockFairy	Respond to of 42523

THREAD: For fun, go to www.openfund.com during NAZ meltdowns. I watched as they went from about 8 Mil up to about 2 mil up, over the course of the 3 days. They have a camera on the traders and you can see them clasping their chests. :)

To: IceShark who wrote (18504)	3/17/2000 11:04:00 AM
From: Ilaine	Respond to of 42523

Globalstar's satellites only have a seven year life expectancy. Iridium's satellites are more complex, and heavier, because they carry extra equipment to link satellite-to-satellite, while Globalstar's are just "flying antennas" and have to downlink to Earth, then uplink, to transmit from satellite to satellite, so that's why Iridium's would have come down sooner than Globalstar's. Globalstar's main problem that I can see is that they have limited coverage, and always will, while Iridium was world-wide. I wish Globalstar well, but I am not willing to invest. If Iridium's satellites are decommissioned and come down in a well-publicized flame-out, I don't think that will do Globalstar's stock any good over the short term.