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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (9285)5/30/1999 10:45:00 AM
From: Mad2  Respond to of 18998
 
Mama Bear;
I tend to agree with your analysis, however question is what Motorola will do when question of bankruptsy is raised. Iridium was a flawed product from git go. Expensive, clunky and only usefull in areas where conventional service isn't available. That said, company has significant infrastructure. If they can reposition with better product (or different ones) they may have a chance otherwise a sinkhole for good hard cash.
Best Regards, Mad2
PS what's globestar up to these days?