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: brian h who wrote (330)	12/24/1997 9:12:00 AM
From: Larry L	Read Replies (1) of 2693

Brian H.: This is the first that I have heard of any additional lines of credit. Could it have something to do with the second generation system that was announced a couple of months back. According to the prospectus, which cited financing needs and the various sources of financing completed there should be enough money to launch and operate through 1999 when positive cash flow is expected.

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