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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (9172)	12/7/1999 9:21:00 AM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78618

peter, what's the ticker on iridium common? TIA, Wallace

To: peter michaelson who wrote (9172)	12/7/1999 10:03:00 AM
From: Daniel Chisholm	Read Replies (1) \| Respond to of 78618

Buy Iridium bonds. Short the stock Uhh, have you tried to short Iridium stock? Shorts like these are kinda like potential spouses -- all the good ones are already taken! I had my Iridium short called in at $9ish, with me kicking and screaming. Then I tried pleading. Then I tried begging. No good, I had to buy in. I think I made about 50 cents per share. (Hey, if you know where, please tell me where I can borrow some Iridium!). FWIW even their bonds seem overpriced to me (!). - Daniel