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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Larry L who wrote (325)12/20/1997 11:44:00 AM
From: SoliRA  Read Replies (1) of 2693
 
This is interesting - first time I've seen projections. At a P/E ratio of 20, I'd expect a share price of about $180 a share in 2002. That's over four times the current price. Not bad. The risk, in my opinion, is not executing the technology - it's evaluating the market. With no competition, the market is there. With competition, I believe the market's still there.
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