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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Jeff Vayda who wrote (1124)11/30/1998 11:59:00 PM
From: SidStock  Read Replies (1) of 2693
 
I dont believe I* ever expected they would be replenishing so many birds during the first several years. It's abnormal to lose a bird
let alone 9 birds within the first year. The original 9 they had factored in should have been for deployment problems. Bad design
errors, operators errors, s/w errors etc... have lead to a string
of failures post deployment which is uncharacteristic.

When they lost SV14 due to "communication problems", they mentioned
fixing a s/w bug which should eliminate some of the failures
(see 9/9 FL today article). So I wonder what then caused SV79
to start tumbling in the last few weeks???
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