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

To: Larry L who wrote (297)12/10/1997 1:17:00 PM
From: Valueman  Respond to of 2693
 
Larry:

Globalstar is 6 million for the first generation. I am not sure about Iridium.



To: Larry L who wrote (297)12/10/1997 4:52:00 PM
From: SidStock  Read Replies (1) | Respond to of 2693
 
Oppenheimer initiated coverage with a HOLD on I*, and a
BUY on G*. Havent seen a description of the coverage.
Looks like the hold may have help push it down today.

Larry, 7% failure rate seems high considering they are failing
before reaching orbit. But if I* can live with that than I
can too.

Sid


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