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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Glass House who wrote (2339)8/13/1999 8:16:00 AM
From: Mama Bear  Read Replies (3) of 2693
 
GH, I am sitting tight. I suppose I would cover in the 2s or low 3s if presented with the opportunity in the next few days. I think folks are just now coming to grips with the fact that MOT won't be coming to rescue IRID. I don't know about another big dip Monday. It's more likely that would be due to them defaulting on the bond coupon that news articles. Bond coupon is technically due the 15th, so I assume it's really due on Monday.

Barb
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