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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: SidStock who wrote (292)12/10/1997 9:09:00 AM
From: Ted Downs  Read Replies (1) of 2693
 
J.Siddall,

Three of the satellites launched earlier this year are
having problems which may prevent them from ever
becoming fully operational.

That news is old and there were provisions for losses and additionally Mot will pay for those "expected" failures.

Ted
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