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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Larry L who wrote (1947)6/15/1999 9:50:00 PM
From: Ron Burns  Read Replies (1) of 2693
 
This company will go bankrupt. They need to more than double their base, now. It will not happen (especially when you lay off 15%). But there are many examples of rags to riches and this (I believe) is one of them. Remember when Continental was bankrupt? Well a few years later, you could've been a millionaire. Well, there is no way 64 satellites will just be floating out there. IMHO, buy at <1 and make millions in a few years.
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