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


To: Larry L who wrote (349)1/5/1998 6:21:00 PM
From: Ted Downs  Respond to of 2693
 
Larry,
Not to beat a dead horse about this, but I was just making a case for a strategy as to buying one of the two stocks. Rather than buy both which commits more capital to carry both I was suggesting my strategy of just buying I*. Not because they will necessarily be more succesful than G*. However, I was saying that if by Sept.99 I* is not a winner then they will also have taken down G* regardless of any differences in business plans. These two companies will become the core for a new sector and will have competition , but the first in will tell the tale. I also have seen the bullish earnings projections,which have been published on this thread. So, I'm also not saying this is a stock to hold only until Sept.99, but by that date it should give us all an accurate assessment of whether there will be ;
1. numerous customers
2. ease of use and problem free communication
3. real future earnings as projected

In my opinion I* should be the leader if they are successful with the basic things I've outlined. Feel free to disagree since this is my theory of how things will play out.

Ted