IRID - Iridium World Communications IPO Announced! Message Board

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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Goodboy who wrote (1657)	4/23/1999 8:51:00 PM
From: 90L43G6	Read Replies (3) of 2693

Goodboy: Answer me this. Why did Mr. Stiano reach deep into his pocket and pull out over a half a million dollars this past March to watch it get flushed down the toilet. Why did 2 directors pull over 2 million from their OWN pockets last fall and buy when the stock was on it's way UP to the 70's. The only reason insiders buy is to MAKE MONEY. There is no explaining it away. I guess they could be wrong but I have a difficult time accepting that. It's anybodys guess where we are headed from here, but I will continue to remain committed to the potential of this company. In the history of telecommunications, demand has ALWAYS exceeded capacity and I believe that will hold true in the case of Iridium and others as the "one world one phone" concept evolves. Once again....who knows better than Mr Stiano. How much closer to the core do you need to be. What's even more bizarre is that he bought 2 months before making his departure. I must say....Mr. Stiano has integrity. He puts his money where his mouth is. Good luck everyone. This is going to be a wicked ride to either the top or the bottom. Respectfully...Dan Leniczek

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