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

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To: Maurice Winn who wrote (229)8/21/1997 4:00:00 PM
From: Larry L   of 381
 
Maurice
We need facts, not speculation. According to an article from the Bangkok Post, and I quote "The proposed system would not compete with Iridium because mobile communications links would not be provided. Instead it would focus on services including wireless internets". In addition, Motorola has gauranteed $1.1 billion in loans made to Iridium, I do not believe that they would let Iridium die and eat those loans. Iridium will also be a huge customer of Motorola for years to come, another reason to keep it around. I do not have the address for this article at this time if anyone needs it I will look it up again. I have also posted the Goldman Sachs research report on the Iridium thread for anyone who is interested.
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