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To: Rocket Scientist who wrote (10908)3/17/2000 1:14:00 PM
From: Jon Koplik  Respond to of 29987
 
CNBC just said that Iridium asked the bankruptcy court to let them (Iridium) shut down.

(Only caught the tail-end of the "blurb." Think I heard correctly ...)

Jon.



To: Rocket Scientist who wrote (10908)3/17/2000 1:21:00 PM
From: A.L. Reagan  Read Replies (1) | Respond to of 29987
 
RS re: Iridium. Read the court filing you linked. In 45 minutes Judge Gonzalez will likely approve. This really is like watching a terminal illness as one by one the life support systems are systematically removed.

Guess Cobalt Blue wasn't able to come up with the $10 million check to bid!