IRID - Iridium World Communications IPO Announced! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IRID - Iridium World Communications IPO Announced!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Phil Jacobson who wrote (435)	3/10/1998 11:51:00 PM
From: Beefeater	Read Replies (2) of 2693

This analyst from Morgan Stanley DW did his own survey to study I* potential demand. His figures come in lower than Iridium's. However, Marijke Jurgens, the PR contact at I, had walked the MS guy through her figures in detail, and now states (unofficially) that the MS guy doesn't know what he is talking about. Quote that and she'll probably deny it. I would expect the I folks to rebuke the MS opinion. Personally I agree with the opinions on this thread about securities analysts. Their shortcomings are due less to their acumen than to the politics of their jobs. They don't keep their jobs if they rate a risky stock "buy" before it plummets. They also don't make any more salary if they get you to buy IRIDF at the bottom. They do keep their jobs if they keep the customers from losing their butts. So there is job safety in conservative calls, very similar to mutual fund and institutional money managers. They are the herd, protecting their jobs. We are all doing better by buying these satellite stocks before the herd catches on. AFTER the herd has arrived is when we might sell, years down the road.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next