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

To: Joe Brown who wrote (1131)	12/4/1998 1:26:00 PM
From: unclewest	Read Replies (1) \| Respond to of 2693

thanks for the post. would you kindly post a link to that news. thanks unclewest

To: Joe Brown who wrote (1131)	12/6/1998 11:59:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 2693

Iridium phones are arriving. Early orders now being delivered and production is rising to 7,000 per week, with year end goal of 10,000 per week. Company target for year end is 70,000 units. That is $224 million is phone sales. You report in message 1135 that they are selling out. You mean there is hope I will see my buy in price of $47 1/8 again soon? Between buying CS on a ML broker upgrade and buying IRIDF on an ML broker upgrade I don't think I will buy another stock that is already or is recently getting an upgrade again. Notice I am not complaining about ML upgrading NN, because I already bought it before they figured out it is a good one. The real question though is you seem really close to this one. Buy, sell or hold? Thanks, (-8 Dennis 8-)