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

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To: Don Limb who wrote (14)4/24/1996 11:00:00 AM
From: Ramsey Su   of 381
 
Don, thank you for the kind words. Unfortunately, I don't remotely know enough about the satelite stuff to have contribution here. When I was doing a little research a while back, I remember there was a good article I read (forgot where) about the space race. Iridium, Loral, Globalstar etc. were discussed in detail, as to where they stand financially and technologically. What I did not like was the article mentioned a winner/loser scenario. They are all $billion plus "start ups" and the financial market probably will not support all of them. That was primarily the reason why I stayed away from Globalstar, could have made a small fortune.

Back to QCOM, Mr. I. Jacobs will speak to analysts in New York tomorrow. Could be good or bad. Hope he puts everyone at ease and will be even better if he is there to announce some deployments.

Ramsey
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