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

To: Larry L who wrote (479)	3/25/1998 1:54:00 PM
From: Larry L	Respond to of 2693

Some time ago I had a somewhat heated and extended discussion with the G* supporters about the advantage that I* has over open waters. They insisted that G* could easily cover all open water areas, they even went so far as to suggest that I put my eye a short distance from a globe and what I could see would be a satellite footprint and from this highly scientific method it was obvious that G* covered all oceans. Please refer to Message 3825562 for their beloved Readware's comments that it has always been well known that I* was the only provider that could cover all open water. Referring to Merrill Lynch's report, I cannot believe the ignorance of these so called analysts whose information millions of people rely upon to make their investment decisions. First of all, did'nt ICO already throw in the towel to go with Ellipso? Secondly, the well travelled businessman, that I* is basing their plan on, requires communications access no matter where they are. Unlimited geographical access would seem to eliminate all of the competitors that ML is concerned will pressure pricing. Regional competitors would seem to me to be more of a concern to G* whose target market is rural areas not currently serviced by any communications network. Regional satellited communications would satisfy their needs and would probably be cheaper than G. Kiss your much bragged about lowest pricing goodbye G.