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To: LLCF who wrote (23277)9/30/2000 11:30:43 AM
From: Earlie  Read Replies (2) | Respond to of 436258
 
David:

"Iridium three"? (g)

(Globalstar, my "Iridium two" of this past spring, continues to see its debt-inspired orbital track spiral ever closer to the atmosphere. It has been a delightful "mortally wounded" portfolio "core position"). (g)

Nothing like expensive satellite services competing in a commodity territory with respect to building up debt albatrosses.

Best, Earlie