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


To: Joe Brown who wrote (1172)12/21/1998 6:36:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 2693
 
Jack:

I know you are not an analyst, you have made that clear on separate occasions. I am aware of all you stated in your reply, I was just wondering if the info you had made any specific numbers available, they would be good to compare with later on. I have no interest in digging any numbers from detailed reports as I am a Globalstar investor and dont have room in my portfolio for another sat phone system.

As for Cuba and Libya, my point was one should be able to use the sat phones anywhere in the world, regardless of that area's current standing with the US government. If that is not the case, kinda ruins the point of the phones dont you think. Ground stations are only used to let local telcos in on the profit stream, originally I* didnt plan their use.

I would agree with you that I* must believe it has 'flexibility' in its price structure. Comparing G* and I*, when and if G* phones come on line, I* coverage at the polls is not worth $2k a handset and who knows how much per call differential. Someday the competition will interesting.

Jeff Vayda