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Technology Stocks : IRID - Iridium World Communications IPO Announced!

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To: Bill Holtzman who wrote (1813)5/26/1999 11:00:00 AM
From: Herc  Read Replies (3) of 2693
 
All the techies poo-poo'd my questions about IRID's birds having broadband capacity. Any visionary techies out there who think otherwise? I envision some well informed fat cat out there buying a majority interest in the bonds then seizing control and then finding new uses for IRID's birds and then having a cash cow.

Yesterday Global Crossings bought a stake in a satellite company. That would be the best of both worlds.
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