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

To: E'Lane who wrote (2512)	12/7/1999 1:43:00 AM
From: FESHBACH_DISCIPLE	Read Replies (2) \| Respond to of 2693

If mccaw were buying iridium why are bonds sleeping at 7 cents on the dollar this afternoon!! Shareholders read the companies 8-k COMPANY'S WORD IS ALL THAT COUNTS Eliminated is the operative word sec.gov Future Restructuring Negotiations; Failure to Reach Agreement. Iridium expects that negotiations among the various constituencies will continue in connection with the bankruptcy proceeding. Iridium can provide no assurance that these negotiations will result in a consensual restructuring or that the interests of various constituencies, including those of current holders of equity in Iridium, will not be reduced further or ELIMINATED!!! as a result of the bankruptcy proceedings. THE COMPANY'S WORD IS ALL THAT COUNTS The rest of the info on this board is wishing and praying.