This looks to be an interesting new play in the digital wireless arena.
Symbol (USDI) Current price around $1.125
They recently (12/9/97) announced a partnership with Iridium North America to become the North American distributor for its satellite based global wireless communbications network.
Iridium North America (IRIDF) is part of a consortium of 17 co's & organizations including Motorola, Sprint, Lockheed Martin & Raytheon; IRIDF is developing and commercializing a global mobile wireless communications system that will enable subscribers to send & receive telephone calls.
I was also impressed by the fact that USDI's President is Lawrence Siegel (former CEO of Atari) and it's Chairman is Robert Wussler (former CEO of COMSAT).
I ordered a packet on the company by calling 818-789-9040.
I would appreciate any additional information or input on this subject.
Thank you |