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

To: Les Paul who wrote (1405)	3/2/1999 9:43:00 PM
From: haler	Read Replies (1) \| Respond to of 2693

Les Paul- I would seem that IRID is near the bottom now. And with some positive news could see a bounce up to $25. IRID is at the IPO price and that was without any satellites in the air. So on the surface it appears to be a good buying opportunity. HOWEVER, with G* as an alternative it would seem more logical to invest in Globalstar, they have a much better chance of being a success and possibly HUGE. Assuming their launches go okay, they will be functional by Oct'99, only 7 months head start for Iridium, they squandered a 1 year lead. You may want to spread the risk, or just go for the better business plan, G*.