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

To: Jeff Vayda who wrote (1124)	11/30/1998 11:59:00 PM
From: SidStock	Read Replies (1) \| Respond to of 2693

I dont believe I* ever expected they would be replenishing so many birds during the first several years. It's abnormal to lose a bird let alone 9 birds within the first year. The original 9 they had factored in should have been for deployment problems. Bad design errors, operators errors, s/w errors etc... have lead to a string of failures post deployment which is uncharacteristic. When they lost SV14 due to "communication problems", they mentioned fixing a s/w bug which should eliminate some of the failures (see 9/9 FL today article). So I wonder what then caused SV79 to start tumbling in the last few weeks???

To: Jeff Vayda who wrote (1124)	12/30/1998 2:43:00 AM
From: Dragonfly	Read Replies (2) \| Respond to of 2693

I stated earlier in the year, that I's plan to replenish 10% of its constellation each year was shockingly high to me.* And what percentage of G's constellation has to be replaced this year? %25. Thats how much. A convenient fact to ignore. We'll see who can keep birds in the air longer over the long run, but at this point a bad launch choice has set Globalstar far behind iridium. I find it amazing that you keep bashing iridium even though its winning right now. Please, get over it and start looking at them without emotion. This is why I stopped hanging out in SI-- too much rah rah behind the politically correct stock (g in this case) and bad mouthing of the "out of favor one" and nobody has facts to back them up. (Notice the complete inability to back up the minute availibility numbers people were banding around... who cares how they were derived you guys say....) Maybe I'm too much of an engineer to expect objective fact, but you throwing out a percentage of replacement figure and ignoring that your baby has a higher one so far takes a lot of gall. PS- Without leaving the US, this summer, I found myself in an area that was covered by Iridium but won't be covered by globalstar. OF course, as far as you are concerned this is impossible because the north pole isn't part of the US. Another convenient ignoring of the facts.