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


To: Larry L who wrote (215)12/23/1997 2:33:00 PM
From: Valueman  Read Replies (2) | Respond to of 29986
 
I am not worried about the in-building scenario. Unfortunately, the world is not flat and free of obstructions. Canyons, mountains, forests, tunnels, etc. will all interfere at one time or another. Multiple path diversity will be far superior in using any available signal, especially when the sources are from 3 or 4 satellites at once. Liken it to the flashlight beam eminating down from the satellite. If a portion of 3 beams come together at one point, the light will be particularly strong. If one beam is blocked by a mountain, the other two beams will still come together at a point for a brighter light than a single beam on its own. Iridium just doesn't have that capability.



To: Larry L who wrote (215)12/23/1997 9:24:00 PM
From: brian h  Respond to of 29986
 
Larry,

Are you sure that IRIDF does not have to borrow any more money?

See the following link:
biz.yahoo.com

More evidences showed that IRIDF kept using different forms to borrow more money after the company announced the completion of 4.7 billion financing a while back. Right after this financing, it borrowed another 300 million. Now, there comes the above $1 billion credit facility from a new formed subsidiary.

Is it over yet?

Brian H.