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Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (2266)	3/1/1999 7:14:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 4400

So much for the value of getting rid of the "F" word. . . <<<< March 01, 1999 17:47 Iridium lowers Q1 projections WASHINGTON, March 1 (Reuters) - Iridium, which in November became the world's first global satellite phone and paging company, on Monday said its first-quarter financial results will fall short of projections following delays after the company launched service. The company did not disclose its prior first-quarter expectations. A company representative was unavailable for comment. However, Iridium said it expects to work with it banks to modify its $800 million credit agreement. The company stressed that shortages of phones, pagers and fully-trained sales people created the delays, not the level of market demand. Shares of Iridium closed down 1-7/8 Monday to 24-3/8. >>>>>