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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Marty Rubin who wrote (1911)6/13/1999 9:13:00 PM
From: Michael T Currie  Read Replies (1) of 2693
 
"I think there's a 50-50 chance mot would put in a billion to take over the company and run it its own way."

Marty,

The odds are at least that high, I think. I have a substantial short position for exactly that reason. I think that common stockholders are screwed in 9 out of 10 possible scenarios, including a takeover by MOT. It would have to be for pennies on the dollar or their own shareholders would cry foul.

Mike
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