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


To: Joe Brown who wrote (1249)1/28/1999 11:03:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 2693
 
Hey at least it isn't you or me just talking to ourself. Take a look at this chart:

iqc.com

That is one massive supply of stock that got placed. It could be that we will be unsettled for a while until these new buyers decide that they are going to stick with this as an investment. My guess is that many bought for an immediate return and will be selling soon because they did not get "internet" like returns.

Just another wild theory, Dennis
P.S. That's good advice, Thanks.