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: SoliRA who wrote (1151)	12/15/1998 11:58:00 PM
From: Joe Brown	Read Replies (1) \| Respond to of 2693

According to International Space Industry Report (see any current issue - this is a table they publish), the mobile satellite services market (which is Iridium, Globalstar, ICO, etc.), is expected to grow from less than $1 billion in annual revenues in 1997, to over $30 billion by year 2007. I'll take a market this small any day...

To: SoliRA who wrote (1151)	12/17/1998 2:14:00 AM
From: Stitch	Read Replies (1) \| Respond to of 2693

SoliRA, I confess I have no knowledge of Turkey cellular services. I would assume the market for Iridium is for users that can tolerate little or no service interruption or connecting difficulties as well as those who need access in rural or very remote places. That should be quite a market but is it a mass market? Probably not yet and probably not at these prices. But then the same thing was said about cellular services generally in the beginning. Best, Stitch