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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST

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To: JMD who wrote (9160)3/10/1998 9:39:00 AM
From: Valueman  Read Replies (1) of 152472
 
Iridium's choice of TDMA was considered brilliant(by them) at the time. They were granted sole use of this band, thinking they had shut out G*. It could have been, but Loral made the truly brilliant move of going with CDMA. Iridium still thought they had 'em because the other systems were also going to have to share the CDMA bandwidth. Then they started dropping out(no more Odyssey), and G* is first to market by a year or two--another perfect execution by G*. So, Iridium's hoped-for lock on celestial frequencies has been dashed. If you could have seen how bitter the Iridium rep was on the stage with the G* exec, you would have seen just how frustrated they really are.
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