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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Joe Brown who wrote (1296)2/6/1999 2:35:00 PM
From: Leon Chrisman  Read Replies (3) of 2693
 
Jack, sorry to break up the war stories - they are interesting...

I wonder how much of the $69.95/month goes back to Iridium World Comm vs the rest going to your local provider? I hope they can have a life past this next 60 days as it might take time to build, ship, and sign up enough phones this soon, even with waiting customers. And those Kyocera folks aren't helping much either.

I've really appreciated your posts and the efforts you've made by obtaining your own phone, contacting the powers, researching, etc. Also your pointing out actual use versus some of the silly posts here by non-RF engineers deciding that for some reason I* signals couldn't penetrate buildings but that G* signals could, etc. Don't bail on us!

I would assume that when (customer demand) << (available phones or channel minutes) that prices will fall per supply and demand.

No one has mentioned it here (that I've seen) but I've wondered just how I* compares to Inmarsat services - I suppose class "D" would be most appropriate. As I recall from several years ago, their sets are about the size of a lap top, sold for around $50k, and have to be "aimed" toward the stationary satellite nearest you. I tried one once and was surprised by the speech quality (fairly good) considering the very low data rates they use. I've no idea of their per minute rates but they are closer to the G* model - bent pipe to a limited number of ground stations so one has to add in the cost for the rest of the path. Anyway, I'd think I* would be a very attractive alternative to Inmarsat and at one point in the past they had plenty of demand - don't know what requirements they have for becoming a subscriber now.

Again, keep up those informative posts - you have my thanks from Sunnyvale, CA. -------- Leon
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