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

To: Bill Jackson who wrote (1583)	4/12/1999 10:09:00 PM
From: Moominoid	Read Replies (3) \| Respond to of 2693

You need a satellite phone anywhere away from the major highways and cities in this country (which is most of the country by land area). As I mentioned before we have an Immarsat phone for fieldwork purposes at our university department (environmental/resource studies). Also I am under the impression that cellphone standards vary a lot by country. So there is a market but whether it can ever be a profitable one is another question. We know it can't be profitable for Iridium in the next year in which they will demolish all their book value at this rate. So at a minimum they will have to issue new shares. Even in the longrun if it is profitable for someone the main threat is coming from Globalstar as almost no-one needs a phone in the Northern tip of Norway and Barrow Alaska etc beyond 70N. Anyway I am already out of my Iridium trade (profitably). Will look to reenter on technicals.... David

To: Bill Jackson who wrote (1583)	4/17/1999 1:01:00 PM
From: Dragonfly	Read Replies (1) \| Respond to of 2693

fast agile cel networks have proven quite capable of beating iridium to death when a level playing field exists This is nonsensical. The $4-$7 call costs are only when using satellite mode. In cellular mode the costs are much lower. There is no such thing as a "level playing field" as nobody is offering, or has even proposed, a service to compete with iridium, coveragewise. IF you're in the service area of the cellular networks, you're gonna use their networks cause the cost is cheaper. If you aren't you have no choice.... Dragonfly