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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Olsinvest who wrote (2228)8/2/1999 4:51:00 PM
From: myturn  Read Replies (2) of 2693
 
Motorola Shareholder meeting tomorrow weighing heavy on the future of IRID.

Some shorts covering today. Probably see some more upward movement til we hear what the shareholders voted. Shorts will quietly continue to cover tomorrow forcing the price gradually up and if the shareholders vote in favor of saving IRID, then we could see double digits on IRID cause the shorts will definitely be covering at that time. JMO

Off topic. Check out WTAA tomorrow. It is suppose to have some big news with some type of licensing agreement.
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