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.

Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Steeny who wrote (17487)	5/18/1999 9:50:00 AM
From: avanti77	Read Replies (1) \| Respond to of 41369

Loral is a major shareholder of Globalstar (GSTRF). QCOM also has a big stake. Used to follow GSTRF. They're in the process of deploying a low earth orbit satelite communications systems. I believe they've got more than 30 satelites deployed now, but am not positive on the figure. One of reasons Iridium has taken such a big hit is they're cost of service. Globalstar service will cost less, and be able to make a profit sooner on more efficient infrastructure costs.