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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: jon sunray who wrote (332)1/1/1998 1:47:00 PM
From: SoliRA   of 2693
 
I've been puzzled by this, too. Seems like some sort of news has gone out that I haven't heard about. Stock should be going up. Iridium is pulling off a launching miracle. Assembly line satellites have never been done before. I thought the stock would rise slowly but steadily with each successful launch, and then go up faster when the market turned out surprise everyone by being larger than expected. Oh, well. The market's not always rational. I'll keep looking, and post if I find an explanation. Bob.
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