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: jjs_ynot who wrote (2247)	8/3/1999 9:30:00 PM
From: Anthony@Pacific	Read Replies (1) of 2693

The best news !!! possible.......is a Motorola backed rescue plan and this is what is in it!!!! " The Motorola-led rescue package could be bad news for shareholders in Iridium World Communications, who currently have a 14 percent stake in the satellite operator. They would see their share investments diluted by up to 95 percent, taking the effective share price to well below one dollar. "

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