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Lazard World Dividend & Income Message Board

  • malden12 malden12 Feb 1, 2002 2:02 PM Flag

    Teledesic always been a joke, still is!

    After having myself chased the Teledesic project for a good two years, writing proposal after proposal only to have the whole thing evaporate I have a very low opinion of it.

    The only reason they are building those birds is to get the spectrum rights. That all. They will just do the minimum and then use or sell the spectrum for something else.

    It will be a cold day in hell before anyone invests big money in a LEO or MEO system. Would you?

    Remeber my GEO /LEO rule. If you can do if from GEO, why would you try to do it from LEO?

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