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: kitterykid who wrote (2769)	2/3/1999 10:46:00 PM
From: Joe Brown	Read Replies (1) \| Respond to of 29987

I have been told by Iridium Investor Relations that they do not know the cause of the failures, but they are not systemic ...and definitely not momentum wheel failures. To me this implies that someone knows more than this, and that would be Motorola, not Iridium. While I would prefer to know what's behind the failures, this is exactly the same answer I got last summer when some other birds failed. The contract to maintain the constellation is what got the holes filled then, and the planes spared (with the exception of plane 3, which is currently without a spare, though I believe one is being drifted over to it currently). More launches are coming under the contract, and I am satisfied with the company's assertion that what's important are the 66 satellites that carry my calls.