IRID - Iridium World Communications IPO Announced! Message Board

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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: CJ who wrote (1086)	10/30/1998 1:28:00 PM
From: Jeff Vayda	Read Replies (1) of 2693

CJ: First, a disclaimer, I own and prefer Globalstar as a sat phone provider. Second, (IMO) MOT will gain more over time than I. Here is why. The feat of being the visionary of the sat phone systems and the technical lead getting a system up and on line is significant. People can say all they want about MOT loosing some luster due to marketing mis-steps. They may even point to I as an example. The point remains the system integration knowledge gained in this exercise can not be over stated. MOT was planning to do a satellite data constellation (Celestri) but has since made the move to join with Teledesic in their effort. MOT is teaming up with a number of other big concerns and the peg they are hanging their hat on is the system integration abilities they developed during I. So while I will out do MOT in the near term. The long term (3-5 yrs) MOT will do better than I*. MOT has been beaten down for some time and pending a few good market moves, MOT could see a large up side on the near term as well. Long term is my view point. I dont have the stomach or ability to try to manage a short term portfolio. Hope this helps in some small way. Jeff Vayda

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