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To: william i smith jr who wrote (8317)	11/12/1999 7:09:00 PM
From: Rocket Scientist	Respond to of 29987

Iridium has filed it's oft-delayed "Statement of Financial Affairs" at ecf.nysb.uscourts.gov It's not for the squeamish.... It reports gross income (equivalent to operating revenues, I believe) of 6.2M$ for period 1/1/99 to 8/13/99 That compares to 1.45M$ for the first three months of '99 according to relevant 10Q. So revenues grew, but not fast enough. No report of what's come in since August 13 (date of bk filing) and no way to see how revenue rate changed after Irid cut its pricing (June 30, wasn't it?) The income statements are two pages...the list of creditors and payments to creditors, officers, directors, insiders,etc is about 90 pages.