CDMA, Globalstar versus Iridium, Inmarsat, etc. Message Board

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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Mr. Adrenaline who wrote (247)	8/23/1997 2:34:00 PM
From: Jim Parkinson	of 381

One heck of a good post! Just a question, why did Iridium have to pay 14+% for thier bonds and G* only 11%? What happens to the existing public shareholders when Iridium gose out for more funding and issues convertables which they can do? I apologize for waivering from the technical complexities of this discussion which I do find facscinating but I am just trying to make a good investment.

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