<<trouble is, it will take six months, and might take up to a year, for the great unwashed to fully distinguish the investment characteristics of G* from I*.
So, near term, your post is BEARISH. IMHO. :(((>>
Yes, Iridf is starting to really march out the band, aren't they. I saw two Iridf print ads the past week (the Maxfield Parrish takeoff) that were well placed, very coooly done, let you know what the product was ("Iridium"), but lacked in basic substance describing benefits.
Me thinks fears of launch failure, delays, ..., real as they are, are a significant second place to the real-life rollout of Iridf.
Regards. ...Tim
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