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

To: kranmantazzz who wrote (19294)	11/16/2000 9:57:08 AM
From: Carter Patterson	Read Replies (2) \| Respond to of 29987

Kranman: I can't believe Iridium got picked up at the fire sale. I believe BobRealEstate was tracking the satellites in orbit a few months back trying to predict when they would burn up. I'd like to know... 1. How many I* satellites are working, how many are not. 2. I* is no longer hooked up to the public switch telephone network. How big a deal will it be to turn it back on. 3. Does anybody know the background of the investors? Do they know what they are doing or was the $25 million dollars just a big lottery ticket? I honestly do not see how this can be good news for G. I would make a SWAG and state that perhaps the venture bought the assets with an attempt to sell the whole system to the military. I don't think I can be reborn...but in the meantime, it may delay G* vertical contracts.