To: I. Luttichuys who wrote (519 ) 3/20/1998 5:10:00 AM From: Maurice Winn Read Replies (2) | Respond to of 29987
Oh no Bennett, my GSTRF will be worth a third of what they are now! But hang on. There are only 33 million or so shares of GSTRF at present, so the increase is related to Globalstar LP perhaps? No, because the release was Globalstar Telecommunications Limited, not Globalstar LP. Maybe the management is confusing the two companies. Just kidding. But they might start lining up some money for the next constellation before the first is finally off the launch pad, which will mean going back to the well [=existing shareholders]. Dougj, it isn't really pedantic to criticize Readware's comments on the Shoemaker-Levy comet impact disrupting gravitational fields. It really did have zero effect. They were mere dust particles on a gravitational scale. Readware was ranting. [Globalstar satellites will not wobble more than a metre, though they might spin a bit. The photovoltaic panels act like sea anchors if that happens and slow the spin using the solar wind. Don't you think?] Fair enough about the implosion = it sort of was. But always, comet impacts on earth and the resultant bang, which must be louder than a cannon in the 1812 Overture, are called "explosions". And repeated here, because I thought it was good, but many might have missed it since I mucked up a post and duplicated it with this tacked on at the bottom: From the Gilder stream: The full article can be found in the Wired archives at wired.com New Rules for the New Economy Twelve dependable principles for thriving in a turbulent world by Kevin Kelly The Digital Revolution gets all the headlines these days. But turning slowly beneath the fast-forward turbulence, steadily driving the gyrating cycles of cool technogadgets and gotta-haves, is a much more profound revolution - the Network Economy. It continues.....