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


To: Fledermaus who wrote (181)12/18/1997 10:23:00 AM
From: brian h  Read Replies (1) | Respond to of 29986
 
Fledermaus,

These are the facts for both IRIDF and GSTRF:

1. Both carrys a high risk / high return potential.
2. IDIDF sent at least 1/2 of sat. to the sky. GSTRF has no thing yet.
3. Both systems are runing tests on the ground (GSTRF) and in the sky (IRIDF). Both could not be working at all. (Even if you have sat. in the sky). or whatever combinations you want to select.
4. GSTRF system is cheaper and financing is done. IRIDF is far from finishing financing and it costs more.
5. GSTRF system claims a cheaper rate than IRIDF. GSTRF reserves the right to raise the cost and rate just as IRIDF may increase both in the future.

In summary, pick your own choice. Your quess is as good as anybody. GSTRF system is cheaper from the cost and charge stand point than IRIDF's. That is the fact so far.

IRIDF do have 1/2 of the sat. in the sky, however, the system is still 9 months away? why? Before having all the sats in the sky, The system is incomplete and far from its claim of the global coverage. Do you agree?

Good luck to your investment.

Brian H.



To: Fledermaus who wrote (181)12/18/1997 12:51:00 PM
From: Jim Parkinson  Read Replies (1) | Respond to of 29986
 
Readware just posted that to his knowledge, the launch is on schedule which can be confirmed from shareholder relations. Jeanette Clonan said last week that everything was on track for a Feb launch and that the window for a launch opens Feb 5. That doesn't necessarily mean they will launch that day but sometime soon thereafter.

Brian, yes I remember it stalling at 50 - 62 presplit and I bought from there all the way down to 48. I guess I can't complain. I am still in the money it sure felt better when we were pushing 58 post split. Technically, were aren't having fun right now but fundamentally we are sound from everything I can see. I agree with a prev post concerning Bernie's business acuman and believe he knows what he is doing regarding pricing.

Some seem to want to make a big deal out of the fact that I* will be in the market sooner than G*, but from what I can tell the market is huge and both are going after somewhat different segments i.e. G* rural, 3rd world, and I* bus traveler. Both are going to do well in my view. It is interesting that I* seems to be having as much or more problem in this market than G*.