Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeff Vayda who wrote (1507)	7/23/1998 10:03:00 AM
From: mmeggs	Read Replies (1) \| Respond to of 29987

Goldman Sach's research note this AM notes the failure of the two satellites, as well as a couple others: 1. Having some marketing/customer service problems. "The company indicates, however, that on the marketing front it must improve its customer response time and step up this effort prior to commercial launch." 2. The time for beta testing is down to three weeks. Questions about the technical readiness of the system by 9/23 launch date. Generally, the words "tight schedule" or something to that effect were used a lot, indicating a very narrow margin for error. As I write this, G* is bouncing off daily lows and I* continues to drop. (Down 7) Hopefully we're at a pretty good level of support here. BTW, should we expect a similar number of failures in G* sats whenever they are finally launched? (10%) Thanks mmeggs