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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Herc who wrote (1701)4/27/1999 12:03:00 PM
From: Bill Jackson  Read Replies (1) of 2693
 
Herc, Yes, the birds flew, wrong birds, the birds cannot be changed or upgraded, as far as I know, to adapt to newer technical needs. I understand there is some degree of flexibility but I do not know their potential.

As to the future, yes many bad quarters for years until some kind of bankruptcy deal is arranged. I do not know what other uses the birds have if there is no upgrade potential. It might just be an expensive lesson.

Bill
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