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


To: Sober who wrote (2216)7/29/1999 11:01:00 AM
From: Marty Rubin  Respond to of 2693
 
sober, Third extension is for subscriber growth (aug 11?); 30 days extension (aug 15?) is for interest loan ($90M?). Actually, the later is not an extension for I*, but time you can use after a loan is "due." I think mortgages also have a time period in which a fine wouldn't be imposed if it's paid late.
CE analyst is "ludicrous" on himself -- never did me any good in the past and i don't expect it to change. most analyst have no brains, no matter how favorable/negative they may be on your stock. marty

(please double-check the dates and 90M figure.)

edit: (http://biz.yahoo.com/rf/990630/x3.html) Aug 11



To: Sober who wrote (2216)7/29/1999 11:22:00 AM
From: Marty Rubin  Read Replies (1) | Respond to of 2693
 
see also biz.yahoo.com for the
"Iridium Exercises 30-Day Grace Period on Bond Payment" article.