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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Geoff Goodfellow who wrote (2189)7/19/1999 7:32:00 PM
From: Bill Holtzman  Read Replies (1) of 2693
 
Interesting article in MIT Tech Review this month about GPS. Even though the government paid for and operates the GPS satellite system, receiver prices still aren't low enough to develop a large market and make GPS a successful and profitable product. No wonder Iridium, which paid for the satellite network itself, is having such problems.
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