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.

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

To: RocketMan who wrote (506)	3/28/1998 10:30:00 AM
From: Rick	Respond to of 2693

FYI - re: your comment on cost -- Edward Staiano, vice chairman and CEO of Iridium LLC [IRIDF], said Iridium has created a program called Nomad, which permits developing countries to invest in Iridium for a reduced price and to obtain Iridium service at a much lower price than commercial customers will pay. He said it will be possible to obtain an Iridium handset and a block of airtime for $90 per month, for example, because Iridium will have considerable excess capacity available when its service rolls out later this year. However, Iridium is not concerned that potential customers will be disturbed by the service's relatively high retail cost structure. The international business traveler who uses an Iridium handset while on the road is "price insensitive" and probably will not even see his or her telecommunications bill, said Staiano. Like I said - don't have any of IRIDF as I prefer my little DGIV that will grow quite a bit more powerfully :-) I expect IRIDF to get in the 70's & stay there for at least a few months.. FYI - LEOs may capture 1.5 percent of the estimated $1.4 trillion in global communications revenues by 2007. The number of voice mobile satellite services (MSS) subscribers will grow from its present base of under 1 million to 20 million by 2007. "Like the cellular market, satellite-based telephony will undergo similar advances in convenience and price & these improvements will be the major drivers of demand for GMPCS services." But ya know what -- I have a multi-multi-billion idea that would change the competitive landscape re: these satellite capabilities etc. - & would be a major blow to all of em... If someone wants to pay me for it - I'll tell em :-) "By 2003, the Geneva-based International Telecommunication Union (ITU) estimates that nearly 60 percent of the world's population, or 4 billion people, will have never made or received a telephone call, a page, a fax, or surfed the Internet. MSS industry will capture 0.5 percent of fixed telephone subscribers and 2 percent of cellular subscribers by 2007. Key force in the MSS industry is the high entry barrier which will permit very few players from participating in the market. (what I like about our little DGIV by the way -- establishing some decent barriers to entry with VoIP- such as in Indonesia - ya gotta create BE for competitive advantage...) By 2007, Globalstar's lower prices will give it a market share of 43 percent, or 8.7 million people. Iridium will have 4 million sub- scribers, or 20 percent of the market. ICO and the other MSS voice players will share the remaining 7.5 million subscribers. Then again -- there are other technologies that could come up...... I think it would be so fun to take my ideas & integrate them into billions with one of these tech companies.. The fun thing would be to kick Bill Gate's ass from a strategic perspective... I'd love to match wits against that guy & out-strategize him.. Someday....

To: RocketMan who wrote (506)	3/28/1998 6:41:00 PM
From: Dragonfly	Read Replies (2) \| Respond to of 2693

Look, if you're going to criticize a stock, at least get your facts straight. Coming in here and ranting about IRIDF costing $5 a minute when it won't be that price and then raving about orbital (puh-lease!) doesn't get you much respect. If you're going to criticize, get your facts straight. Intelligent investors are not impressed with your comments about "space handles". BIOYA If you want to sway our opinions, make logical points based on accurate facts.