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To: djane who wrote (6426)	8/11/1999 6:13:00 PM
From: djane	Respond to of 29987

ICO press release tomorrow? Top>Business & Finance>Investments>Sectors>Services>Communications Services>ICOGF (ICO Global Communications) ICO Board Mtg - today by: david_walkerec1y 577 of 579 Mole - Great posts! Keep up the good work! ICO's Board are meeting at this moment in Paris, France. An announcement on the funding status is unlikely today. An announcement is probable tomorrow around 09.00EDT - just before the Wall Street opening. The announcement may be delayed at latest until 17.00EDT in New York - at close of the Market. ICO with their MEO's are a much better bet technically (longer life and high data capability) than I's LEOs. The likely dilution of I's stock - see Washington Post article - will leave IRID stock trading at 45 to 125... Cents! with a probable consolidation of 1 New for 10 Old I* IMO - but only if ALL the creditors come to the party. ICO's difficulty is that they have lived in the shadow of I's problems. Meanwhile the Lawyers are the main winners at both ICO and I Posted: 08/11/1999 11:24 am EDT as a reply to: Msg 569 by mole_99oo