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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.
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To: Jim Parkinson who wrote (197)7/15/1997 9:10:00 PM
From: Mr. Adrenaline   of 381
 
I'm in LOR 4 to GSTRF 1. It seems like I read this once upon a time, and it made sense, but I would be hard pressed to recall where I read it.

I don't think any money put into IRIDF would be "wasted", for lack of a better word. But, in my opinion, and I think most others in this thread, GSTRF will make more $ in the long run. The reasons are numerous, and have been hashed and re-hashed in this thread a gazillion times. In fact, my crystal ball tells me that IRIDF will be making bigger gains than GSTRF in the next six/twelve months as they get closer to coming on line. That's my guess only.

It is important to remember that the compartive business plans always had Iridium coming on line first. So, no need to stress that they will be first. I also noticed in Jim's response that the launch date is now Dec. That shouldn't come as too much of a surprise either. Remember Iridium slipped several times, and that these are complex systems, with much to come together.
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