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


To: Joe Brown who wrote (1276)2/3/1999 9:22:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 2693
 
Aw, Glad you're still here ;-). You post more information then most and it would have been missed. Hang in there. I am only down 33% and I am hanging on too. A target of $47 would just miss getting me to near basis. I'd much rather see that Company achieve its goals, which might get I* to the 52 week high, which would be a much more appropriate return for the grief of hanging on.

It happens, jdane and I lived through a similar market stroke with ASND during 1998.

Best to us, (-8 Dennis 8-)



To: Joe Brown who wrote (1276)2/3/1999 10:13:00 PM
From: Valueman  Read Replies (1) | Respond to of 2693
 
Jack:

Crossman was from CIBC Oppenheimer, not Prudential.

Perhaps his 50,000 sub number comes from Iridium's bank covenants. They state that by March 31, 1999 Iridium must have cash rev. of at least $4 million, accrued revs. of at least $30 million, at least 27,000 Iridium World Satellite Subs, and at least 52,000 total subs.




To: Joe Brown who wrote (1276)2/4/1999 12:58:00 PM
From: Lu_Xun  Read Replies (1) | Respond to of 2693
 
To Jack Morgan:

Thanks for not abandoning the board. I've been lurking on this board a long time and although I've made few contributions (chiefly because I don't feel sufficiently knowledgeable or qualified), I have immensely enjoyed your posts. You seem clearly to know your stuff and you've been instrumental in my decision to remain invested in IRIDF despite the price declines. I'm even thinking of buying more at some point down the road.

Thanks again and keep up the great work!

Lu Xun