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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