IRID - Iridium World Communications IPO Announced! Message Board

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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Ilaine who wrote (2606)	3/21/2000 12:58:00 PM
From: petersterling	Read Replies (1) of 2693

soundmint.com IRIDIUM COULD BE CHEAP AND VERY PROFITABLE Because Iridium has its own global space fiber network it can move voice calls from anywhere to anywhere for no real cost. Thus it could easily have offered consumers prices of 10 cents to 20 cents per minute for international calls and become SOLD OUT very quickly. The network can handle around 2 million voice customers and probably 10 million global beeper customers and could be generating +$3 billion dollars per year today, if their management had the brains to offer competitive pricing. soundmint.com has a business plan solution and is now working with key bondholders to take over the system and fix it!

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