Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: 90L43G6 who wrote (2471)	9/17/1999 1:13:00 PM
From: Leon Chrisman	Read Replies (2) \| Respond to of 2693

I'm trying now to recall - When IRIQ was ready to sell phones, it seems like MOT and Kyocera would not have been able to supple them had customers been waiting. In fact, I understand some were waiting, waiting for months to get their hands on one. With such astute planing and coordination one wonders why banks would lend based on a requirement that 50k customers be signed online within a few month, and around 500k within a year. Could MOT be waiting to pick this turkey up for pennies on my dollar after us stockholders have been stiffed, the banks give up, and the parent company of IRIQ tosses it in? It seems like everything is in place to make money if someone would just sell and produce phones at a reasonable price for equipment and airtime. And who has the real control over equipment (phone) prices?