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Technology Stocks : Coyote Network Systems (CYOE), Mixing It Up, IP and ATM

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To: StaggerLee who wrote (353)3/19/2000 5:22:00 PM
From: Q.  Read Replies (1) of 360
 
Remember Gene Curcio and Crescent Communications?

He's been in the news again. He was named as a would-be buyer for the huge Iridium telecommunications company. According to my local newspaper, he was the only bidder, and he failed to raise the $10 M required by the bankruptcy court to buy Iridium. So Iridium will now let all its satellites fall into the atmosphere and burn up.

Guess it's tough to raise $10 M to buy a huge company, if you don't even have a phone number, eh?

I don't have a link for the latest story, but here's a link that, as of today, leads you to earlier stories about him and Iridium.

search.news.yahoo.com
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