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


To: djane who wrote (3154)2/26/1999 9:26:00 PM
From: Joe Brown  Respond to of 29987
 
Djane: This report is so accurate it makes my eyes water! Iridium's system for turning prospects into customers is so rotten it's a miracle they ever got a single satellite into the air; oh...that's right, they didn't - Motorola did. The phones and satellites are pretty impressive, but the Iridium side of the equation is so amateurish it makes me wince when I have to admit I own shares in the company.

I know what's going to happen, but I don't want to verbalize it...Good Lord, what a poorly run company.

But I love my Iridium phone! Honest. There ought to be a shareholder revolt at the annual meeting in May.