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To: djane who wrote (2914)2/9/1999 10:29:00 PM
From: Joe Brown  Read Replies (1) | Respond to of 29987
 
The thread is not yawning...it's in shock. Bernie Schwartz is not God, and he cannot make people rich unless he can make a profit for them, just like any other businessman must do for his customers. This is a good and necessary wake-up call for investors; just because satellites are involved does not make it a magic formula for wealth. Iridium's shareholders (and I admit to being one, as well as a subscriber, as you know...)have learned this lesson. It's not good or bad; it's just is the way the world works. Everyone here has said repeatedly that they're in for the long term - so why worry?