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Technology Stocks : PC Sector Round Table -- Ignore unavailable to you. Want to Upgrade?

To: LK2 who wrote (1461)	2/23/1999 4:30:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 2025

It's always confusing when they talk about years, first halfs or whatever when you're not really sure whether they mean fiscal or calendar. Anyway, looks like they have their work cut out for them. Currently, they say they ended 98 with 3,000 users and need 27,000 to meet projections and then they hope to exit the year with 500,000 to 600,000 subscribers. That's pretty aggressive growth. The analyst sets a target "We continue to expect 210,000 subscribers by year-end 1999 vs. company goal of 500,000 to 600,000 subscribers," Musey said Monday. It is a wonder how well this service will do. I haven't read the specs for a while, but I seem to recall the phones had a pretty large antenae? So, you'd need a special phone for this service, and I suppose a normal cell phone for when you want to make calls in you area, and then a laptop, a palm pilot, a pager, etc. Put this into the recent agreements between Vodaphone and Airtouch, and AT&T/BT to offer larger roaming areas that could allow a person to cross the Atlantic. It makes you wonder. The third world will have it's own needs as the use wireless as a basic service rather than install or upgrade landlines. But, what would keep them from having roaming access? In fact, I think many can use their cell phones today all over the world. They just have to pay too much. So, please remind me what Iridium is bringing to the current world that is going to change everything? Regards, Mark