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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Valueman who wrote (288)12/9/1997 4:16:00 PM
From: Fledermaus  Read Replies (2) of 2693
 
Valueman said:
"Demand for Globalstar mobile services appears to be so strong that
the original plan to use 50% of the service for fixed sites has been changed and
Loral's GEO satellites will now be used for fixed site rural telephony."

So Globalstar finally realized there is a more profitable market with the travelers than with rural telephony, as I* had always affirmed and G* denied???!!!
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