CDMA, Globalstar versus Iridium, Inmarsat, etc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Quincy who wrote (131)	6/10/1997 10:34:00 PM
From: Maurice Winn	of 381

Quincy, Iridium [Iridf] is off and running, up $2 to $22 on the first day. However, not all was confidence: Iridium IPO = 12 million shares at 20. "However, the deal is still too speculative given the fact the company will need about $1.7 billion in additional financing to launch its network" said Ryan Jacob of the IPO Value Monitor. "The question with Iridium is it's an infrastructure play," Shah said. "These things generally need more capital than is planned." Meanwhile Inmarsat: INMARSAT RESTRUCTURING/ MAYBE A CRUNCH, BUT NO CATASTROPHE BRIGHTON, England--The consensus of discussions last week within Inmarsat is that practically all of Inmarsat's Signatories--now numbering 80--agree that a fundamental restructuring of the international mobile satellite organization is necessary ... [SATELLITE NEWS, PAY PER VIEW, 517 words, $3.00] Imagine having 80 government departments as your shareholders! Maurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next