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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?

To: dumbmoney who wrote (1902)	6/11/1999 10:32:00 PM
From: Marty Rubin	Read Replies (1) \| Respond to of 2693

well, if there's no news on monday, the stock may bounce. as for now, i don't think i would re-enter since i'm not so eager to risk much; just let the banks fight it. a lot of money was put into this project and it would be sad to see it crash. i just have a hard time to believe they will go bankrupt. i see it like selling Snaple. quicker had many problems when it ran it, now they seem to be doing fine. new owners may mean a new attitude. now who bail them out?

To: dumbmoney who wrote (1902)	6/13/1999 12:12:00 AM
From: Marty Rubin	Read Replies (1) \| Respond to of 2693

on a second note: isn't it old news? didn't we all know about this already? as i have learned in the past, just because some firms want to sell something doesn't mean it's bad; in most cases they are using someone else's money and some of the things they do are just to protect their reputation/image, imo. i'm looking for signs that the company will not skip to ch 11, and so far i found some good ones. btw: i truly think that that "analyst" quoted took his time to clear his position. it wouldn't be the first time --nor last. there's a great chance i would re-enter on monday, but would only take a small position. i don't need much to make good money.