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

To: Joe Brown who wrote (1155)	12/17/1998 6:54:00 AM
From: Jay Lowe	Read Replies (1) \| Respond to of 2693

Jack, re table of prices ... have you got a link handy? eom

To: Joe Brown who wrote (1155)	12/17/1998 4:13:00 PM
From: Robert Douglas	Read Replies (2) \| Respond to of 2693

Jack, Sorry if this is old news, I am new to this thread having followed Stitch over here when he expressed interest on another thread. I haven't read all the posts yet, but I did go back to the end of October to see if anyone had posted the Merrill Lynch numbers on Iridium. The ML analyst doesn't have the company earning money until 2003 when he predicts $3.55 rising rapidly to $11.88 a share in 2006. Now taking these numbers with a ton of salt is prudent, but it gives you some idea of what the potential here is. If I'm going to consider putting money into an investment as risky as this one is, I better have a huge potential upside as a reward if I am right. Since communications is the field I am most excited about (broadly defined) for the next decade, I might be willing to commit some of the speculative portion of my portfolio to this stock. Presently, I am still doing my DD. -Robert