SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IRID - Iridium World Communications IPO Announced!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: haler who wrote (341)1/4/1998 10:02:00 PM
From: haler  Read Replies (1) of 2693
 
I went from my memory, but I believe the costs of Iridium to be more then double Globalstar, I don't have my records handy. I did buy Iridium on it's IPO at $22.50 and had all the facts on both, I* and G*.

One thing that I'm still not clear on is what is the reason for the recent Iridium increasing their borrowing for $1,000,000,000. Is there some cost increase unannounced, or is this for administrative and marketing?

Larry or Dan can you shed some light on this?

Thx,
Hale

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News