Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.28

-1.6%

Dec 12 3:59 PM EST

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To: Boplicity who wrote (69032)	3/11/2000 7:23:00 PM
From: RocketMan	Read Replies (1) of 152472

Hate to say this, since I am a satellite guy, but it will be very difficult for a LEO satellite company to make money. Sure, Iridium made a lot of mistakes, but their problems were not completely Iridium-related. It is impossible to compete with low priced land-based services, and especially with mobile cellular, with expensive satellite systems. Launch costs are just too expensive, and replenishment, TT&C, and other care and feeding is a real headache. The only niche market that these systems can satisfy by themselves are not all that profitable -- customers on mountaintops or at sea, and even at sea there are other systems. The only way I see for these systems to make it is to have government sponsorship so they can also supply military and civilian government services as well as commercial users.

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