I would call investor relations at the company: 317-297-6100
As far as absorbing 25 people, why? If the company determined their jobs are duplicative or not needed, then why keep them. If you pay those people $40k per year, plus bonuses, that's a million dollars cash and then the expense of insurance, etc.
I'm a heartless banker, so I think of these things. :-)
As far as the demand for iridium phones, I hope you're right. Let Motorola (which I also own) sell all they can make and build up the demand. Hopefully this won't impact CELL that materially if its only a short term issue. I would think that after 5 years of getting Iridium off the ground, they'd be ready with the phones, huh?
Not sure, but just stating my opinion. Again, I recommend you call the company. I spoke to them and got all the answers I asked for.
Regards,
Grabs |