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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Sober who wrote (2221)7/30/1999 12:46:00 AM
From: Marty Rubin  Read Replies (1) of 2693
 
sober, below $1 doesn't make sense. please provide link to story. i think mot can easily be sued as the company is not bankrupt (yet) and mot has lots of cash to attract class actions. it would be too cheap even with all of I* problems. what's the difference between well below one dollar and zero? they should go bankrupt instead. no, i don't think it's possible. in fact, it will sound as a big slap on execs when they keep talking of...(read back posts, wsj dj bloomberg and other service). i think it's a tactic since current big investors (rtn, fon, lmt...)will also share the near zero figure. marty
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