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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.
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To: Larry L who wrote (195)7/15/1997 3:53:00 PM
From: Jim Parkinson   of 381
 
Thanks. Lor shareholder relations says McD has given them a firm Dec date for launch followed by several more in 98. Still will meet operation schedule.

Merril Lynch issued buy on Iridium today. I guess glamour - Mot, takes precedent over reason. They say a 54 target in 98 and that they will be first to market. Even if they are right, it is a big mrkt and G is ythe low cost producer.

On allocation, I think that is a tough one. I will tell you that I am 2/3 gstrf and 1/3 lor.
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