Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Jackson who wrote (1684)	4/25/1999 9:38:00 PM
From: Herc	Read Replies (3) \| Respond to of 2693

Somewhat flippantly, look on the bright side. IRID has already jettisoned the F in its symbol (for foreign stock). GSTRF is still GSTRF. IRID already has 70 low orbit satellites up and running. GSTRF will have 48 at the end of the year, IF ALL GOES WELL. And we know all about technological hitches. GSTRF's business model, partially, is providing phone booths in Bangladesh and other third world hell holes for segments of society who have never experienced regular phone service. Like these people can really cough up a lot of money for calls! Looks like an iffy strategy. This is why I invested in IRID in the first place. Rich businessmen seemed more lucrative than, say, Masai warriors. I wonder if the phone booths will be big enough for their spears? On the other hand the zeroes running IRID aren't even on the ball enough for a website. Somehow I see business partnerships on the horizon.