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Technology Stocks : Loral Space & Communications

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To: dougjn who wrote (2421)4/2/1998 3:41:00 PM
From: Dragonfly   of 10852
 
This is getting annoying.

"The actual cost of completing a G* long distance leg of a call will be among the lowest long distance costs anywhere. "

Unsupported. In fact, by doing deals with local telcos, who have historically jacked up prices, we may find that G* prices are higher than Iridium. Price is not the same as cost.

"Moreover, any country that chooses to can prohibit I*'s targeted world business travelers from bringing in their phones. "

They can do the same thing with Globalstar phones as well. Iridium is a fair way thru getting approval in the countries it wants to operate in. In fact, I beleive it is further than G*, but even if it isn't, saying that "Any country that wants to" is unsubstantiated FUD. If you were to say "G* has %80 of the countries while I* has only %50" then that would be useful info... instead you make a broad generalization without substantiation. I challenge you to name a single country that will prevent I* phones and not G* phones.

All this cheerleading is getting quite absurd. Iridium has %80 of their network in orbit, while Globalstar has only %10. Since my purchases earlier this year, my I* is up over %50, and my G* is down 0.5% (as of close yesterday). This is because the market is valuing hte completion of the business plan and I* is a lot farther along than G*.

Why do you feel the need to bash I*? If you're confident in your G* investment, why post these long tirades about I*'s percieved negatives with no mention of its advantages or G*s weaknesses?

Dragonfly
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