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

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

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To: Maurice Winn who wrote (144)	6/11/1997 8:52:00 PM
From: Maurice Winn	of 381

iridium.com Iridium's home base! Yahoo! Summary of Globalstar's Senior Notes offering. Moody's rates Globalstar notes B3. Gives some comments about the system and summarizes financing to now. biz.yahoo.com Iridium handphones to cost US$2,000-3,000. Ouch!!! biz.yahoo.com And a bit about the Iridium IPO. Iridium World represents about an eight percent stake in Iridium LLC, a consortium including Motorola Inc (MOT), Sprint Corp (FON), Lockheed Martin Corp (LMT) and Raytheon Co (RTN). biz.yahoo.com biz.yahoo.com So far, Globalstar looks to be the winner! Iridium claim 5x over-subscribed but already the price is back to $21? GSTRF [pre-split] fell from $20 all the way to $12 after their IPO. Maurice

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