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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Joe Brown who wrote (1266)2/3/1999 3:46:00 PM
From: Raymond Duray  Read Replies (1) of 2693
 
Dear Jack,
I've been observing this thread for a couple weeks now and of all the contributors to the thread I have gained the greatest insight into this company from your posts. I regret reading of your decision not to continue to post here. Two years ago when I first learned about I*s plan to use TDMA rather than CDMA I thought it was a dumb decision. I still do, from the viewpoint of wanting data services, but what Iridium has going for it is rock solid financial backing and first-to-market advantage. I suprised myself when I read a couple research reports, got interested enough to follow this thread, did DD
and voila, I now own a piece of this company. The rollout has been slower than many would like, but I have a long memory of lots of vaporware that eventually became a profitable reality.
Jack - I hope you will relent for at least one more post. There was an article on CBS Marketwatch today which quoted Jim Jubak of the MSN Moneycenter. moneycentral.msn.com

It's my contention from what I've seen of your posts and other sources that the rates quoted by Jubak could not have been accurate because the system was still in beta until 01/15/99. Is this guy shilling or does he have his facts straight? Judging from the source, it seems this article has an agenda, and it's not to inform. Comments?

Best, Ray (observing human foibles 1000 days less than you!)
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