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Technology Stocks : Loral Space & Communications

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To: dougjn who wrote (2648)	4/20/1998 2:12:00 AM
From: Dragonfly	Read Replies (4) of 10852

* Iridium will beat Globalstar to market, probably by more than 6 months, nobody questions that. * Iridium will have superior coverage, nobody questions that. * Iridium is spending $1.1B more. * Iridium's sats will last ~8 years, though they take a conservative position in their 10K. Globalstar's sats will last ~8 years, though they are only saying 7. * The only example of a call price we have has them pretty similar, yet the G* mutual admiration society discounts the source. (But we're supposed to believe what you say over the NYT? Suuuuuure. * Iridium has %90 of their network in orbit, G* has less than %10. The proof is in the pudding, and there's more pudding on one side of the fence. Dragonfly

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