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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%Nov 19 3:59 PM EST

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To: Ramsey Su who wrote (30036)5/14/1999 10:25:00 AM
From: marginmike  Read Replies (3) of 152472
 
No somebody will buy them out of bankruptcy(MOT) and start from scratch. This would be a negative for GSTRF, because the whole cost structure of Iridium will be much lower. However the shares of IRID will be worthless because Iridium will be bankrupt in 6 months(if not sooner). I am a schmuck because since 27 a share I have considered buying putts. I am not a short, or putt buyer so I was reluctent.
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