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Technology Stocks : LCCI went public today and is going up!!

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To: Greg Jung who wrote (14)2/26/1997 9:20:00 PM
From: Digital Data Resources, L.L.C.   of 143
 
I apologize for taking so long answering your questions.

Just to be sure, I've searched the NET and EDGAR database, and have found no evidence, and know of no relationship between LCCI and any satellite operation. Since satellite communication devices are not constrained by traditional line of sight(LOS) requirements to operate, they would not need the services of a company like LCCI, in it's current line of business. In fact, there is more of an adversarial relationship, even though the cellular/PCS companies don't feel that satellites will ever be cost effective enough to be competitive. However, this does not mean that a company like LCCI would not want to be somewhat invested in the technology. But, if you were able to dig deep enough you'd find that LCCI's aspirations are not satellites or propagation analysis.

I'm not sure who you may be thinking of (Loral maybe?), but if you do a search on "Iridium" it will lead you to a BB that covers several of the satellite operations.

If you have found info linking LCCI to a satellite company, I would be greatly interested in checking that out, and would appreciate you steering me there.

Thanks and have a great day!
DDR
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