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

To: Dragonfly who wrote (1287)	2/8/1999 9:16:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 2693

Dfly: I guess you dont get the point. You said: <Globalstar has lost 12 satellites already, far more than Iridium. Its a fact. Deal with it.> To equate a launch failure (G) with several on orbit failures (I) as you do, gives a clear indication you cant deal with a discussion based on competent comparisons. You may classify G's use of Zenit as an 'error', but an understanding of the dynamics of the launch business leads others to an alternate position. G has made plenty of errors and guess what - they will continue to make errors. That is hardly the point. Here's a point, clear and simple, in an effort to not be misinterpreted: A satellite phone system will require subscribers to make a profit for its shareholders. At any given time, un-quantifiable forces will act upon the ability of the shareholders to make a profit. A shareholder's best interest is to minimize the un-quantifiable. I do that by informed, intelligent, and introspective discussion on these threads. Want to join in? Jeff Vayda