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

To: Marty Rubin who wrote (1884)5/31/1999 1:41:00 PM
From: CMon  Respond to of 2693
 
Sure I can find something good about the company. The project is a technological marvel. It's an amazing accomplishment. And I'm sure that the service will be useful for and used by some constituency out there.

But Marty there is a huge difference between the satellite system that we all admire and the securities that represent a credit of, or ownership of, the enterprise. You should dwell on meaning of the distinction.

Eurotunnel is also a technological marvel, but I wouldn't want to be one of its original shareholders.



To: Marty Rubin who wrote (1884)5/31/1999 2:16:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 2693
 
Marty, It looks like many are chasing the elusive bandersnatch.
It will be crowded up there, soon, very soon. With all those layers this will become a wasteland. More and more ground com is stealing their bacon as they expand to cover all areas. In addition with tolerance of time delays less costly further out systems can compete very well.

Bill


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