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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Jeff Vayda who wrote (1206)1/7/1999 7:48:00 PM
From: Joe Brown  Read Replies (1) of 2693
 
Jeff, the date to watch is January 26th, which is the date of the conference call to discuss Q4. I suspect we'll get some input on hard subscriber numbers at that time. My discussions with "Street" people suggests a slow start and strong ramp would be most desirable, since a big start, say in November, might have overwhelmed the system before it was ready to handle a big load. I am frustrated that there are not yet reports of "explosive" demand and that sort of thing, but the infamous Tom Peters says new industry creations will always have glitches in the early stages. I'm giving Ed Staiano the benefit of the doubt, and 60 days to prove what Iridium can do (end of February); after that, I become the Inquisition!
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