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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Marty Rubin who wrote (1995)6/22/1999 1:21:00 PM
From: Mama Bear  Read Replies (2) of 2693
 
Marty, before I start worrying about losses, I'll have to be in the red. I didn't say because I was right before I'd be right this time, I stated that I do well shorting stocks because you asked why take the 'unlimited' risk. If you can tell me where they're going to get the money to pay off the bondholders next month without severely diluting the current shareholders I might reconsider. Just saying that MOT won't let them fail doesn't impress me. MOT wouldn't have spun them off had they not wanted to be insulated from the risk.

Barb
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