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

To: Marty Rubin who wrote (1911)6/13/1999 8:40:00 PM
From: Marty Rubin  Read Replies (1) | Respond to of 2693
 
(Business Week, May 31, 1999) "Risks Soar, the Rockets Don't
• TABLE: Houston, We Have a Problem
• ONLINE ORIGINAL: A Talk with Iridium's CFO: ''Bankruptcy Isn't a Viable Alternative'' "

businessweek.com
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All,
i don't have access to the entire archive (requires a different password, bwarchive.businessweek.com, so i would have to look to see if i still have the actual magazine.
Marty



To: Marty Rubin who wrote (1911)6/13/1999 9:13:00 PM
From: Michael T Currie  Read Replies (1) | Respond to of 2693
 
"I think there's a 50-50 chance mot would put in a billion to take over the company and run it its own way."

Marty,

The odds are at least that high, I think. I have a substantial short position for exactly that reason. I think that common stockholders are screwed in 9 out of 10 possible scenarios, including a takeover by MOT. It would have to be for pennies on the dollar or their own shareholders would cry foul.

Mike


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