Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.680

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3:10 PM EST

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To: Dale Baker who wrote (1082)	5/15/1999 12:31:00 PM
From: Michael	Read Replies (2) of 10293

Tried shorting IRID already, IRID is a great short , if one could find shares to short ML was underwriter for secondary in Jan. got stuck with shares, and has been trying to dump shares on it's customers. IRID is the world's most expensive white elephant. A $5 billion satellite phone system that does not work. Could likely be a totally lose. Motorola has been launching the satellites without ever making sure the system can actually work. Just hoped, that they could one day work out all the problems. That day might never come, and IRID will always lose money. sure is a nice day Michael

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