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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Dragonfly who wrote (1639)4/23/1999 3:46:00 AM
From: Bill Jackson  Read Replies (1) of 2693
 
Draginfly, WHo ever said that cel would equal the coverage of Ir? Not me. cel just gets the areas of population density. With small villages getting cel coverage all over the third world and bypassing the wired stage they act as areas of low cost phone coverage where people who have a choice will pick lower cost cel over Ir.
It is quite true that the oceans and deserts that have no villages or residents also have no cel coverage. In those areas Ir will serve well. My concern it those areas will not bring enough clients to meet payroll, let alone sunken costs?
Are you an Ir broker/investor? you seem to be able to ignore market and world reality where Ir is concerned..

Bill

Bill
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