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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (21715)6/16/1999 5:33:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 42787
 
Judy:

On MOT while a great company that is coming back strong in wireless I'm not sure if the street has factored in the potential write down of Iridium. While I say potential two things will happen regarding the Iridium investment where I haven't seen MOT forewarn on.

1) The write down of the 20% investment to FMV.
2) Setting up a contingency on the debt they've guaranteed.
While they're doing the above they should (but may not be required to) write off investment in the equipment / inventory / Iridium won't be using.

I'm not sure how much of this has been factored into the stock and its the only negative I've heard of.

Tim