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

To: Bryan who wrote (2145)	6/29/1999 6:02:00 PM
From: StormRider	Respond to of 2693

I hope you realize I was kidding. That's what the grin <g> is for... Anyway, I think that due to these new prices, Iridium will see good subscriber growth to catch up with the ever-increasing subscriber goals and revenue targets. I seriously don't think that the major investors involved will want to see this project fail and will do everything they can to keep it afloat. How do you explain Motorola's decision to move hundreds of engineers from the Teledesic project over to Iridium? How about the huge sales force that Motorola has deployed? Again, there's too much at stake. High risk, yet very high payoff. JMHO We'll find out more about their health and status tomorrow...