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

To: Jeff Vayda who wrote (1237)1/26/1999 2:21:00 PM
From: djane  Respond to of 2693
 
briefing.com. Iridium World Communications (IRIDF) 34 5/8 unch: CE Unterberg
Towbin reiterates "buy" rating on mobile telephony systems and satellite
company with a price target of $47; stock should benefit as company
proves substantial demand exists for satellite telephony services; early
1999 results will be first glimpse of real potential as year-end subscriber
totals are below expectations; believes long-term picture, however,
remains intact.....



To: Jeff Vayda who wrote (1237)1/26/1999 8:59:00 PM
From: Joe Brown  Read Replies (1) | Respond to of 2693
 
Jeff: Thanks for picking up on this article. There does not appear to be anything but bad news on Iridium these days; when, then, isn't the stock at $10?


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