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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Panita who wrote (1404)3/2/1999 8:04:00 PM
From: Les Paul  Read Replies (1) of 2693
 
Where is the bottom? The statement from the company didn't seem that bad. This news has been figured in now for about the past 2-3 weeks. They claim that the demand is there, so it is just a matter of getting the product to the people. I have to believe that the Risk/Reward factor around the $20 area is very positive for Longs. I would appreciate other opinions.

Les
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