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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Valueman who wrote (1115)11/28/1998 12:24:00 PM
From: Joe Brown  Read Replies (1) of 2693
 
If I may make a comment on this, I believe there are at least 80 Iridium birds in orbit which, if 12 are non-functional, would leave 68 operational, 2 more than needed. Also, ISIR report would be at least a week old, making this more than likely a report of prior difficulties. I haven't heard anything about new losses from analysts or from company contacts, so anything you have that would indicate otherwise would be appreciated by all of us who follow IRIDF. Thanks.
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