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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Dragonfly who wrote (1653)4/26/1999 10:16:00 AM
From: CMon  Read Replies (2) of 2693
 
Dragonfly, your defense of IRID rests on conceptual grounds. ie: there will be a need for such services. Meanwhile, the shorts on this thread are looking at the means by which this concept has been capitalized and concluding that regardless of the merits of the concept, the current shareholders will not be around to benefit if it eventually works. Arguing with the shorts by reiterating your belief that there is a need for IRID's service misses the point that the shorts are making.
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