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


To: Maurice Winn who wrote (517)3/29/1998 4:13:00 PM
From: Joseph Colombo  Respond to of 2693
 
<<If demand is as high as is hoped, then $5 will certainly be in the offing. And Globalstar will be up there too. Meanwhile, since it was good info, I've webnapped your comments over to Globalstar thread RMan>>

Maurice,

This concept of global handheld voice communication is something that will be common place within the next 10 year, but after reading Rocketman's post, I realized that this is a risky venture.

Is it possible that IFIDF , MOT, and the rest have not considered those technical problems?
I find it hard to believe that all this money is being invested in something that would have a hard time surviving at between $3.00 & 5.00 per minute.

I have owned IRIDF for the last four months or so and I am thinking of making it a code holding. Anything new is riddled with risk, but I think this stock is a keeper.

Joe