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Technology Stocks : Motorola (MOT)
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To: Yaacov who wrote (990)4/25/1998 2:34:00 AM
From: HammerHead  Read Replies (1) of 3436
 
Yaacov,

I can understand your frustration, but your piss-off on MOT may come in the wrong time, just maybe. The long-awaiting Iridium global wireless will start the commercial services in September. Yes, there's risk because Motorola has had so much trouble getting complex projects up and running in recent years, but the reward can also be substantial if the project go on smoothly. Today's price jump may reflect the latest news "Iridium Launch to Complete Satellite Constellation", may be the investor's hype will start to build up as we approach the kickoff date. IMHO, this new global wireless service should attract many business customers. I used to have frequent business travel, this global wireless will be my dream gadget. You don't have to pay hotel high rate for international call, and people can reach you at the same number in any country. I bet many frequent business travelers will love this gadget too. It's only four months to September, the investor sentiment can change anytime. We'll see.

Lucent shareholder
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