IRID - Iridium World Communications IPO Announced! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IRID - Iridium World Communications IPO Announced!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CJ who wrote (1086)	10/30/1998 1:42:00 PM
From: Leon Chrisman	Read Replies (1) of 2693

Carol, I would think the bulk of the Satellites are produced except for maintenance replacements so I wouldn't think parts suppliers would be of much interest. Over 70 are in orbit now. Probably MOT is a major component supplier anyway. Now the other companies supplying handsets - last I heard they haven't produced enough to meet current demand and at $3000 each they don't sound like low margin products, do they? Who benefits the most? Although MOT has several times the stake in Iridium LLC as IRIDF has, for MOT it's but a small part of their bottom line while it's the entire bottom line for IRIDF. I thought the interview on CNBC was interesting - as usual CNBC had stale information about test results. Maybe Bill was just trying to provoke the Iridium CEO. Anyway, it sure is funny how any bad test results get reported far and wide but when they get things fixed and exceed their expectations no one pays attention or cares, or so it seems. Should be interesting times ahead for this stock. -------- Leon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next