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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: marginmike who wrote (1925)6/15/1999 11:06:00 AM
From: Marty Rubin  Read Replies (1) of 2693
 
marginmike, it can be 1/10 of it, if you wish, and will still work. IRID's problem comes from poor marketing, imo, and they clearly missed the boat on making the first phase a success. high volume = offset in lower cost.
Now the marketing dept was cleaned, and hope fixed, and two birds added on saturday. do you want to tell me this company will no longer exist july 1st? They have said a few times that the company is not headed for bankruptcy. What they say means nothing, as we all know by now. Their action is, and it seams that they are trying hard to fix the company.
The stock was overblown by the banks being scared, imo. it's not their money and i frankly don't think they care about selling at zero, so why not sell at .17 and join the crowd?
think about it --it may be worth covering 50-75% of your portfolio or just going long. Marty

IRID 5 1/4-5/16 294900 @11:06:49
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