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

To: Olsinvest who wrote (2285)8/7/1999 9:24:00 PM
From: puddinhead  Read Replies (1) | Respond to of 2693
 
It can only be positive. The company (IRID) will be around for a while. What the stock price does is another story. My opinion up slowly over a period of time. Motorola will not let it die yet.



To: Olsinvest who wrote (2285)8/7/1999 11:46:00 PM
From: Marty Rubin  Read Replies (2) | Respond to of 2693
 
ole, it's hard to tell since it was released after close (to the general public, at least). the last time they said it's close to zero (for IRID) and the stock barely budged. this can only be positive, since we are already expecting some beating. marty



To: Olsinvest who wrote (2285)8/7/1999 11:56:00 PM
From: Mama Bear  Respond to of 2693
 
If 4% is owned by IRID, with 20 million shares outstanding, the market cap of the company would be 5 billion with the commons stock at 10. With a 14% interest, the market cap of the company was 5 billion when the common was 35. It's doubtful this is the final version of the deal, but it looks like their getting closer. I think we're likely to see warrants thrown in for the bondholders as well. IRIDW anyone?

Barb


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