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: Larry L who wrote (297)	9/17/1997 1:55:00 PM
From: lbs	of 381

No problem. I just didn't like being told that my explanation made no sense. Clearly, the media was reporting that some of Mot problems were due to irridium. Believe me, while I really think that GSTRF will be the stock of a lifetime, I think that IRIDF will do fine. I wish I had bought IRIDF when it hit 17. I was watching!! Unfortunately, one cannot always be right. This is true with my GSTRF strategy. I took a small initial position. Recently, I have added to it at twice the price. I can't complain about the profits, but I didn't think this stock would move this quickly. If it pulls back, I will be sure to buy more. My basic problem with IRIDF is that it seems like it is going to be more expensive that GSTRF, and does not partner with local phone companies, which may make it harder to penetrate local markets. I think that IRIDF's market is for the richer person, while GSTRF can provide phone service to areas that may only be able to afford a "phone booth". Good luck with all your investments, Dan

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