SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?


To: Marty Rubin who wrote (2220)7/30/1999 12:29:00 AM
From: Sober  Read Replies (2) | Respond to of 2693
 
Newsbyte quote...."The Motorola-led rescue package could be bad news for shareholders in Iridium World Communications, who currently have a 14 percent stake in the satellite operator. They would see their share investments diluted by up to 95 percent, taking the effective share price to well below one dollar."

The part about below one dollar is of interest to me... any thoughts about the possibility of this???

Sober