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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Dragonfly who wrote (1546)4/8/1999 7:43:00 PM
From: Moominoid  Read Replies (2) of 2693
 
Thanks for info. Glad I already took the plunge Thursday (18 1/4)... Could have bought twice as much :)

Did the TA and it looked promising to me. On a log chart from the IPO we have a massive H&S type formation. The target would be roughly where we've just been. Other methods also looked good. All that short position out there also looked good. Book value looks good. Must still be double the share price <g> though falling fast.

David
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