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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Joe Brown who wrote (1288)2/5/1999 8:51:00 PM
From: Dennis R. Duke  Read Replies (1) of 2693
 
2x normal volume and we lost 2.87%. I hope that the weak hands have been shaken out and now the buyers will have to fight up the ladder of price to get into this stock.

I still think the OnStar agrument is valid in terms of a price objection. Our society pays for convenience. If it did not McDonald's would be toast!!!

Because I am sort of a car guy I see lots of money being poured into 4 wheel drive trucks and the margins of the auto industry prove that the buyers are putting high margins into the their pockets. Maybe the marketing group needs to get the I* phone hooked up with the illegeled back country 4 wheelers, by telling them it is the phone that works everywhere!!!! A Steve Young T commercial with a I* phone for ordering the Pizza!!!

I think I am on to something. Jack, can you get this idea to the Company????

I plan to enjoy doing some driving instruction at Laguna Seca this weekend. Hope everybody else has as much fun as I plan to.

Later, (-8 Dennis 8-)
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