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: puddinhead who wrote (2259)8/4/1999 10:36:00 AM
From: Mama Bear  Read Replies (2) | Respond to of 2693
 
Why in the world would anyone buy all that debt for $1.5 billion? They can buy all the debt for les than that and take the company. The company has no way to pay it's debt service except to have more cash infused, and even if that happens, there is no real demand for the service. Then there's the little matter of the sattelites needing to be replaced in a few short years. The numbers just don't work. Basing a 'fair' market price on the result of a temporary short squeeze is just silly.

Barb



To: puddinhead who wrote (2259)8/4/1999 4:15:00 PM
From: cgraham  Read Replies (1) | Respond to of 2693
 
Pot calling kettle black...he must be exceedingly familiar with the parameters of what the SEC deems as unacceptable.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News