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

To: Rick who wrote (504)	3/28/1998 6:44:00 AM
From: Captain Nemo	Respond to of 2693

Launch delayed until Sunday evening. Check launch line for details. 1-888-9LAUNCH. Lift off is slated for 10PM. Regards, Scott

To: Rick who wrote (504)	3/28/1998 8:57:00 AM
From: RocketMan	Read Replies (2) \| Respond to of 2693

Yeah, I'm an old "space cadet," and we might recognize each other's space handles. Don't have astro shots on my page, but I guess DGIV is spacey enough :-) As far as IRIDF, I wish them the best, but at $5 per minute, or whatever is their break-even point, they will need all the luck they can get. Great technology, not such a good business model, IMHO. I favor Orbcomm's messaging model, and the fact that Orbital Sciences own their own ride with Pegasus. Maybe the international trade can subsidise IRIDF's costs. That's the way we got these expensive constellations up and running before -- with Uncle Sam's subsidies. Commercial space is an interesting proposition, let's see how it works. As for me, I am staying away from this baby, and wish the best to those who are in it. Just my opinion, your mileage may vary.

To: Rick who wrote (504)	3/28/1998 10:11:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 2693

Rick: Too pricey? I think so too. But be sure to consider this: Fact: The world is being "knit" together by telecommunications. This in turn, is beginning to stimulate the global economy in a manner that the U.S. economy has been experiencing since telecommunications began to surge here in the '50's. Fact, most of the remainder of the planet(upwards of 70% as a guess) is sitting, market penetration-wise, at that 1950's level but has the advantage in selection of newer networking "styles." Fact, laying fiber/copper/whatever, although occurring rapidly, is costly to impliment. Fact, technology networks work by evolution in embedded situations, and uses this "high" bar of cost to "leap frog" in non-embedded situations. Conclusion; I predict that in these "1950's era" areas IRIDF is gonna do very well long term. I'll take that 70% of the planet left to penetrate thank you very much. Me thinks IRIDF(and MOT) is gonna go a looong way, with periodic retrenchments of course. However, currently although I'm a long-term bull, I think IRIDF has gotten a tad ahead of itself(MOT however, as a side play, is at attractive levels now), probably due to end of qtr "window dressing." I'm a continued buyer whenever they retrench to below $60.00. Regards! John~