SI
SI
discoversearch

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 : Loral Space & Communications

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dragonfly who wrote (2352)3/26/1998 3:48:00 PM
From: Valueman  Read Replies (3) of 10852
 
I can't believe that Iridium price will fall to $1.33/minute. Do the math. 1.5 billion minutes/yr X $1.33=roughly $2 billion. The sats have a 5 year lifespan, and some are going to be a year old in not too short a period. So, give it 4.5 years X $2 billion=$9 billion. That assumes Iridium is instantly filled to capacity(not going to happen). If you shave that number to account for a gradual build in subs, then it becomes $6 or 7 billion--a piss poor return on $4.5 billion investment. Obviously, these are rough numbers, but you get my point. They MUST keep prices high.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext