To: djane who wrote (7888 ) 10/18/1999 9:51:00 PM From: djane Read Replies (1) | Respond to of 29987
Satellite industry analyst awards Top>Business & Finance>Investments>Sectors>Services>Communications Services>ICOFQ (ICO Global Communications) analysts have been honored by: one_dollar_chinese_food (39/M) 934 of 939 Sky Report Oct. 18, 1999 [Analysts Robert Kaimowitz and Tom Watts honored. Both Robert Kaimowitz and Tom Watts believe that if Teledesic chooses to begin service early using either Iridium or ICO, then ICO would be the logical choice. Lets hope these two continue their winning streak.] Magazine Honors Satellite Analysts Three industry watchers received high marks in Institutional Investor magazine's annual survey of financial analysts. "When this category was created last year, many brokerage firms had yet to establish dedicated coverage of it," Institutional Investor surveyors wrote about the satellite communications sector. "Now satellite analysts outnumber the stocks they cover, and their challenge is explaining the group to skeptical investors." The magazine's top ranking went to Robert Kaimowitz of ING Baring Furman Selz. "It's a difficult sector to understand, and he's the best at sorting through everything and communicating ideas," the magazine said. It specifically referenced Kaimowitz's analysis of the troubled satellite telephone company Iridium World Communications. "He has recommended clients avoid (Iridium) since its IPO two years ago. Even after Iridium stock initially skyrocketed from the IPO price of $20, the 37-year-old analyst recalls, 'We stuck to our guns.'" Second place honors went to Merrill Lynch's Thomas Watts, who captured the top spot last year. "Fans cite the level of detail in Watts' written reports as a key to his success. One backer points to two reports on Orbital Sciences Corp. since last fall that correctly predicted the stock would remain within a $20 to $40 trading range," the magazine said. And Marc Nabi with Morgan Stanley Dean Witter took the third place spot. Nabi was praised for his effective one-on-one communication skills and his analysis of EchoStar Communications. Posted: 10/18/1999 12:57 pm EDT as a reply to: Msg 907 by one_dollar_chinese_food