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


To: KyrosL who wrote (39777)6/14/2000 1:50:00 PM
From: Ilaine  Read Replies (2) | Respond to of 42523
 
Globalstar is, as they say "cash-strapped" but it has let financing lapse. Why? My guess is that they don't know if the loan can be repaid. I really think they are in trouble - the G* longs on the thread keep complaining that the company won't tell anyone how much revenue they have.

biz.yahoo.com

I don't know about Loral - they still don't have permission to launch satellites, but they have been a major player in the industry. Revenues suck, but I don't think they are going to go belly-up. I don't know if the price will go much lower, but I also don't see it going much higher in the short run.