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To: Dragonfly who wrote (2352)	3/26/1998 3:48:00 PM
From: Valueman	Read Replies (3) \| Respond to of 10852

I can't believe that Iridium price will fall to $1.33/minute. Do the math. 1.5 billion minutes/yr X $1.33=roughly $2 billion. The sats have a 5 year lifespan, and some are going to be a year old in not too short a period. So, give it 4.5 years X $2 billion=$9 billion. That assumes Iridium is instantly filled to capacity(not going to happen). If you shave that number to account for a gradual build in subs, then it becomes $6 or 7 billion--a piss poor return on $4.5 billion investment. Obviously, these are rough numbers, but you get my point. They MUST keep prices high.

To: Dragonfly who wrote (2352)	3/26/1998 5:34:00 PM
From: Larry L	Respond to of 10852

Dragonfly Do not make the mistake of assuming that ML has any clue what they are talking about. Neither Iridium or Motorola has ever said anything about per minute pricing other than $2.50-$3.00 per minute. Common sense says that Globalstar will have their hands full for at least the first couple of years signing up rural customers just as fast as they can get them handsets and Iridium already has ample demand with the business traveler at $3.00 per minute. Why would they lower price for the first couple of years? They probably won't be bumping into any competition during that time frame anyway.