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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Mr. Proofsheet who wrote (417)2/26/1998 6:03:00 PM
From: Nero  Read Replies (1) of 2693
 
I'm in at 33 just 5 or 6 weeks ago. I agree with others here. I think IRIDF is a hold. It is rising purely on high expectations now of dominating what is promising to be a worldwide communications utility.

Earnings -- or losses for IRIDF in FY98 -- carry no weight here. It is the pure concept that has investors' pulses quickening. There is no way to empirically value IRIDF. Its potential is limitless.

So, even in this thin air the upside is huge. Momentum is building. Hold on and enjoy the ride.

nero
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