Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?

To: Marty Rubin who wrote (1926)	6/15/1999 12:18:00 PM
From: marginmike	Read Replies (1) \| Respond to of 2693

Marty how can marketing departement compete with GSTRF? Their phones are 3 times the price, and the cost per minute is 4 times the price. I am neither long nor short IRID, I am long GSTRF and QCOM. I think you are in denial, IRID was doomed from the onset. However its your money and I have been wrong as many times as I have been right. If you go back to early debate on GSTRF thread 8 months ago you will see the writting on the wall then. GSTRF will sell handsets for $700, they will be 30% smaller and use CDMA the new world standard for 3G. They will be able to crossover between CDMA and satelite CDMA seamlesly and cost around 1-2 $ per minute. IRID phones are $3000 they are way to big, and use TDMA(soon to be extinct) and costs 4-5 per minute. How will irid market a loosing product? After they are bought out of bankruptcy and the debt load eliminated will be another case. At that point IRID will be a buy.