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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: marginmike who wrote (58158)1/16/2001 2:18:49 PM
From: Ilaine  Read Replies (2) of 436258
 
Iridium is providing service now to the Pentagon - I don't believe that ever stopped. From the way I read the announcement on the website, they are doing the smart thing and targeting service to heavy industry, government and other commercial customers - and will offer 10 kBps data. Since Iridium is coming OUT of Chapter 11 rather than going into it, I'd put my money on Iridium - when I can - which isn't now. Holders of IRIDQ stock are going to be wiped out - I don't know about bonds but the price paid for the system was very small.

iridiumna.com
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