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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: EddieMacG who wrote (1407)3/3/1999 7:38:00 AM
From: haler  Read Replies (1) of 2693
 
EddieMacG-

While your at it, you might want to add 1,000 ICO to complete your Global Telecommunications holdings. ICOGF trading between $10-11. I think they will be at $20 by year end. They are MEO satellites, approx. 7 for global coverage, and each satellite has a 15 year life. So they will be another low cost provider but their will be some voice delay. Quality won't be as good a G*, but they should do well based on pricing and "true" global coverage.
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