Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.600

-8.5%

Nov 6 3:59 PM EST

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To: Bill Wexler who wrote (851)	4/28/1999 12:22:00 PM
From: Alastair McIntosh	Read Replies (2) of 10293

Bill, you might want to take a look at IRID. A Motorola spin off that is racking up huge losses in the satellite phone business. Customers are staying away in droves. Technology is passing them by and I doubt that they will ever turn a profit. There is not a large market for $3000 phones. Looks like a low risk short play. Currently trading at $15.00 with estimated losses this year of over $10/share. Al

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