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

To: Joe Brown who wrote (1204)1/6/1999 5:14:00 AM
From: unclewest  Read Replies (1) | Respond to of 2693
 
jack,
a question please. btw i am iridf long since 60. i bought for a 3-5 year hold so i accept the swing down.
my ? is what happened to the phones? i thought the original plan called for 40-50,000 by end of 98 and growing. i heard that base is only 8-10,000 right now. was their a phone problem or are they not getting customers to sign up?
thanks,
unclewest



To: Joe Brown who wrote (1204)1/6/1999 1:44:00 PM
From: Jeff Vayda  Read Replies (1) | Respond to of 2693
 
Jack:

Any word as to when I* will release actual (paying) subscriber numbers for the fourth quarter? Articles I have read suggest the system is still in 'heavy trails'. It will be interesting to see how I* addresses it - Front load subscription numbers or hold some in reserve to apply to future reports. Does the street value a large start and slower advance or a smaller start and a bigger advance?

Jeff Vayda


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