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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Dragonfly who wrote (512)4/14/1998 10:28:00 AM
From: Fledermaus   of 2693
 
In interviews given to the papers in Brazil, Iridium Brazil is talking about prices between 3 and 6 dollars, depending on the kind of service one subscribes to. They intend to launch a pre-sales program in May.

Also, some time ago in WirelessNow dayly news, Iridium Japan was mentioning a price of 6,40 dollars.

So, mentioning a US$ 5 price could not be wrong, but just be on the most expensive side of the services Iridium will provide. I cannot see any reason for a strong reaction.
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