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: Pseudo Biologist who wrote (2108)	6/25/1999 6:20:00 PM
From: Goodboy	Read Replies (1) of 2693

Thanks for remembering. I took a lot of crap back then from guys like Dragonfly. I was sure I saved some people money, maybe even Jack Morgan. I know I helped a very large bondholder get out of their bonds at 73 cents on the dollar. Of course, I made a lot of money on shorting from the 60's into the 30's (then the borrow dried up) and via puts (before the valuations got nuts). I am not greedy and started to cover at $20 and by $8, I was out, thus I am not that interested anymore. But I do feel bad for those investors who are buying in thinking this is a good investment rather than a trade. Going long term on this stock is like burning money. Good luck to all.

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