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.

Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (8888)	12/26/1997 6:06:00 AM
From: Pancho Villa	Respond to of 9285

CSS: Iridium is MOT. IMO not too many land-based people close to large metro areas (i.e., most business men)need global coverage. You can already arrange for this through land-based cellular networks (I read this somewhere on an airline magazine). This toy would be very attractive to people sailing far destinations (like when you are in the middle of the Pacific or in the caribbean but the revenue potential is not that great for this crowd. Airlines are potential customers: can call your mom in your way to Hawai once you get 200 miles away from the CA coast). As will all technologies prices will come down eventually but they also have to worry about Globstar QCOM as a competitor. Bottom line I am not sure the financial analysis done to decide on this projects was very sound but I am certainly glad someone had the guts to get into the business. IMO CDRD is a more attractive [i.e., less risky] short but this is probably a result of my not having done any homework on the worldwide satellite phone service Co's. Pancho