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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Larry L who wrote (1002)8/13/1998 6:14:00 PM
From: Valueman  Read Replies (2) of 2693
 
Larry: Let me put a truthful spin on your comments. G* is not announcing a major delay. The launch in Sep. has been known for weeks--read back here and you will see that. It is not on 9/20--it was stated today it will be Sep.7, or thereabouts. There will still be 3 Zenit launches in 98, right on time. Commercial startup in Q2 has also been well known for some time, if anyone cared to look. As far as testing, the good thing is, in contrast to Iridium, G* does not need the entire constellation up for most of their testing. They can do a great deal with the sats up there now, more as sats are added. We shall see about Iridium's short term delay. Is beta testing the same as commercial service?
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