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Technology Stocks : IRIQE Iridium
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To: sks1 who wrote ()11/22/1999 1:16:00 PM
From: Glenn Petersen  Read Replies (1) of 15
 
If you have shares in this company, take this opportunity to sell them. If I am not mistaken, the bonds of Iridium are selling for 5 cents on the dollar. If this company is actually reorganized, the creditors and any new investors will own all of the equity. The current equity in this company is essentially worthless. JMHO.
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