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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Maurice Winn who wrote (3)4/4/1999 3:23:00 AM
From: Maurice Winn  Read Replies (2) of 381
 
*How's it going?* Well, the predictions about Iridium not being duplicated and being dodgy from a competitive point of view look fine 3 years later. Globalstar lost a year while trying to convert swords to ploughshares with the Zenit launch and a few other delays.

It seems that by the end of this year we should have a live system, but a bit frayed around the edges even though the handsets look a LOT better than models of 3 years ago.

Iridium is staggering around and seems likely to collapse as a profitable enterprise though the minutes exist so will be used at some price.

ICO is still dipping a toe in the water. Soon they should pack up and save their shareholders some money. Another system was cancelled. So at least the oversupply of minutes isn't continuing to grow.

Just keeping the thread alive!

Back in a few days. Some things take time.

Maurice
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