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

To: dumbmoney who wrote (1908)6/13/1999 1:40:00 AM
From: Marty Rubin  Respond to of 2693
 
dm: well, they go in concert: first the stock is hit, then the bonds in order of its security. mot is in a very weird position after backing the project with so much cash. if not for the latest lunch, i would say mot is out. but this paints a different picture that says that even though the next in line is bankruptcy, mot, the one source who's most likely to take the first move, doesn't think so --judging by its actions (since they don't want to comment on this). marty


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