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


To: timers who wrote (14153)7/4/2000 1:58:40 PM
From: Veiko Herne  Respond to of 29987
 
You where disappointed, why grantors must pay back this loan. Those Grantors got most out of it already (e.g. building satellites, rockets,etc.). Globalstar management was just solving the problem. Globalstar is not a startup, where management controls over 50% of company.
It's big boys game.
Globalstar strategy relies on telecom partners. Those are difficult companies to deal with. Maybe not in US now, but in other countries,where they used to be monopolies. Similar to IRS. It's impossible to get overnight results from them. Globalstar is doing just fine.
There is enough market to Globalstar service. But it won't be the next "killing up".

Veiko