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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Trooper who wrote (47034)	1/26/1999 9:48:00 AM
From: Logistics	Read Replies (4) \| Respond to of 119973

IRIDF on Power Lunch. Beat estimates:: Related QuotesIRIDF 34 7/8 +1/4 delayed 20 mins - disclaimerTuesday January 26, 4:29 am Eastern Time Iridium LLC Q4 loss narrows WASHINGTON, Jan 26 (Reuters) - IRIDIUM LLC (A Development Stage Limited Liability Company) SELECTED FINANCIAL DATA (Dollars in thousands except per Class 1 Interest data) 3 12 Mos Ended Mos Ended Dec 31, 1998 Dec 31, 1998 Consolidated Statement of Loss Data: Revenue $186 $186 Operating expenses 174,600 435,861 Depreciation and amortization 173,637 551,912 Interest expense, net 92,029 265,214 Net loss 440,080 1,252,801 Net loss applicable to Class 1 Interests 441,609 1,258,910 Net loss per Class 1 Interest 3.12 8.91 Weighted average interests used in computing Net loss per Class 1 Interest 141,419,116 141,322,445 December 31, 1998 Consolidated Balance Sheet Data: Cash and cash equivalents $24,756 Property and equipment -- net 3,584,208 Total assets 3,738,895 Bank debt 1,125,000 Long-term debt (net of discount) 1,729,219 Total Members' equity 477,163 NOTE: Iridium LLC reported a loss of $3.12 a share in the fourth quarter ended Dec. 31, compared with a loss $0.93 a share in the same period a year ago. That loss was much narrower than Wall Street estimates for a loss of $3.46 a share. ------------------------------------------------------------------------ More Quotes and News:Iridiu