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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: JDGarza who wrote (1786)5/16/1999 1:00:00 AM
From: Marty Rubin  Read Replies (1) of 2693
 
i'll say 7 5/16 tomorrow but you can't stay for more than two days whether you're long or short (whether it goes up or down).
this is very special. we have at least 66 satellites running around the earth and many companies will want at least some. will it all go to bondholders? many parties are involved in this mess and the last thing they want to do is let it blow on its face. hay, ltcm (long term capital mngmt) had a bailout to save the greedy wallstreeters from losing their shirts, rather than a few pockets. there's light at the end of the tunnel, especially when very few are wearing glasses. there's a proverb saying that when you really want to sell, it's probably a time to buy, and vic versa. take you chances and, as always, all imo. i don't know if i'll buy it at that price, above or below it. things change in minute and it would be hard to judge. if you like adventure, you may want to gamble with a small part of your portfolio. otherwise, look for other bargains.

this co. had many negative signs and i don't understand why everyone seems to get up now with all the negative bashings on the si and yahoo!. beat the crowd works in many cases, but since i have seen more than a few positive comments on the boards, it may go down a little more before bouncing to at least 10-12, if not 15. no guarantees so, as always, take your chances.
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