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Strategies & Market Trends : Three Amigos Stock Thread

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To: James Strauss who wrote (4108)	4/30/1998 11:57:00 AM
From: Phil Jacobson	Read Replies (2) of 29382

All, Please note USDI. I posted a few weeks ago on this; it's got the sole contract locked up for distribution of Iridium global satellite service to commercial customers in the US - the service launches in the fall (if you want info on IRIDF let me know). USDI's core business is mobile satellite phones - the type used by news orgs. I got a double in this stock while on vacation (easy money on that one) and it's held very steady at about $2 since. Today it's up again strongly to 2 3/8 with a block trade as high as 2 9/16, a new 52 week high. Although I can't find news I rolled the dice and doubled my position. The company is well worth looking at and the IRIDF contract should be a real coup. Phil

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