U.S. Digital Communications (USDI) Message Board

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Technology Stocks : U.S. Digital Communications (USDI)

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To: JJMM who wrote ()	3/14/1998 10:24:00 PM
From: Dan Daly	Read Replies (1) of 308

Well add me as a follower As a satellite fan via IRIDF I come here to add USDI around 13/16-15/16 and a little at a time. Still waiting for SEC filing to really go long. The MSCO of starting coverage IRIDF was a downer but MSCO is not a register Dealer so starting as a neutral is their way of holding it down longer IMO. See below the release and it seems to question the USDI factor. NEW YORK, March 10 (Reuters) - Morgan Stanley Dean Witter said it initiated coverage of Iridium World Communications Ltd [Nasdaq:IRIDF - news] with a neutral rating. -- Iridium has exceptionally strong management and has met or exceeded every milestone thus far. -- Morgan sees at least three global satellite rivals, including Iridium, and at least one regional geostationary system competing for market share after the turn of the century. -- Quality of service and marketing and distribution factors, not elegant technology, will ultimately decide success in this industry. -- Considering Morgan's relatively low subscriber expectations, and a tough future pricing environment, Iridium seems fairly valued at this time. By the way is TGNT worthy of its market cap? Sees doable profits recent low ask 13/16

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