CDMA, Globalstar versus Iridium, Inmarsat, etc. Message Board

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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Maurice Winn who wrote ()	4/10/1996 6:19:00 PM
From: Maurice Winn	of 381

Iridium depends on space switching, from satellite to satellite, whereas Globalstar will send signals straight back to ground for transmission through normal ground channels. Globalstar will have less voice delay [almost none], whereas Iridium will have more delay. Profits for Globalstar were projected as $18 per share 6 months ago by year 2000. At P:E = 10, that would mean $180 share price. Quite a way to go from the current $50! Should be: Dec 1996 $80 [design finalized] Dec 1997 $100 [initial launch] Dec 1998 $140 [full launching and commercial operation] Dec 1999 $180 or $200. [full operation, future system design]

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