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: A.L. Reagan who wrote (2580)	3/8/2000 12:58:00 PM
From: Ilaine	Read Replies (1) of 2693

OK, let's try this another way. Think if Iridium as Fedex. Think of Motorola as Ford. Think of satellites as trucks. Let's assume that Motorola sold a fleet of trucks to Fedex, and also contracted with Fedex to service that fleet of trucks. Let's assume that Fedex falls on hard times, and goes bankrupt. What happens to the trucks? You assume they will be scrapped. I don't, if only because it violates my personal principles to throw away anything of value. I can't believe that no one can use the things, but I don't know. So I will wait and see.

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