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Technology Stocks : Orbital science (ORB)
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To: Mohan Marette who wrote (1357)3/27/1998 8:06:00 PM
From: RocketMan   of 2394
 
I like the Orbcomm concept, because it provides worldwide messaging at a reasonable cost. I suspect the Magellan handsets will come down to several hundred $$, the range at which volume sales will take place. While Orbcomm does not provide voice, the $5 per minute break even price (what I've heard) of Iridium will be a real sticker shock, especially when they are going after an international market. For the US market, cellular is widespread enough that it is not necessary to pay those premium prices. So I think that Orbcomm has a great opportunity to exploit the worldwide market for inexpensive messaging.
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