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: lbs who wrote (181)	7/7/1997 12:59:00 PM
From: Jim Parkinson	of 381

I am long gstrf and lor but, have a larger stake in gstrf because I believe it will be 400+ stock in the next five years. I wouldn't worry about being in at 43 or whatever today because it doesn't matter today if we are right about tomarrow. I have seen projections showing six mil or more subscribers being on line by 2000. That is enough to meet gstrf's and Iridium's bus. plans. The service providers indicate the demand is higher. I like gstrf for several reasons - mgmt, good capital structure with lots of equity (Iridium needs a whole bunch more, will dilute its stockholders, etc., note S & P rated its bonds B- and gstrf's B), CDMA = low cost provider, already has country commitments, isn't relying on US, do I need to say more. Good luck Dan. Lets hope we are right. I think we are.

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