IRID - Iridium World Communications IPO Announced! Message Board

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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Truc Hoang who wrote (2087)	6/25/1999 10:56:00 AM
From: Sr K	Read Replies (1) of 2693

You stated: <<IRID has 19.7 million share outstanding (of which 18.9 million float)>> ... and ... <<You lost me. What is the message? >> The message is don't believe the 19.7 million shares outstanding. It's the shares and share interests that count and it's close to 180 million. i.e. if you think the stock is worth $30 and you're right, it may be worth $3.

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