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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Bill Holtzman who wrote (2482)9/27/1999 7:42:00 PM
From: Sawtooth  Read Replies (1) of 2693
 
<<Has anyone heard anything about Teledesic taking an interest in Iridium? >>

Bill: The only thing I've seen today are several articles along this line:

Message 11373083

.....''Despite current conditions in the satellite communications market, Teledesic is in an enviable position,' Owens said. ''We
have money in the bank. We have the time necessary to evaluate opportunities created by the unfortunate difficulties of others.
We have investors with long-term vision. And above all, we have the hands-on commitment and proven track record of Craig
McCaw.' McCaw is Teledesic's chairman and co-CEO......
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