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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Jeff Vayda who wrote (1479)3/30/1999 10:25:00 AM
From: Goodboy  Read Replies (1) of 2693
 
Nothing like the military using a sat system partially owned by the most wanted terrorist in the world. Even a large order from the military can't bail out the coming bankruptcy (that is such a nasty word, let's just say restructuring) of Iridium. Bonds are near 50 cents on the dollar. They should still be worried at that price.
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