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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Rocket Scientist who wrote (1494)3/30/1999 3:10:00 PM
From: Maurice Winn  Read Replies (1) of 2693
 
RS, No split? Oh, I thought the IPO was $20 so when I checked the graph, it looked as though it started at $10. But now I've checked the 5 year graph and it was was below that. Maybe that was just some more shares issued at $20 to the public a couple of years ago. In that case it isn't looking such a great investment for those people.

I don't really follow Iridium, having always thought it an amazing system for the 1990s but not really one for the 21st century, it has looked more like an interesting technological museum piece in space. The Iridium flashes are great; so I've heard.

Maurice
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