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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Maurice Winn who wrote (1492)3/30/1999 2:47:00 PM
From: Maurice Winn  Read Replies (2) of 2693
 
techstocks.com

Maurice, as usual, you get things completely wrong. Iridium is still well above the IPO price as you can see by checking that graph. You probably didn't allow for the split.

With Iridium currently at about $16, there is a 60% premium still. Not a bad investment for a couple of years.

Maurice
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