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

To: Joe Brown who wrote (1468)	3/21/1999 3:06:00 AM
From: Rocket Scientist	Respond to of 2693

Anybody know what are Iridium's cash expenses besides debt service and the 600M$(?) O&M contract with Motorola, and what's included/not included in the O&M contract? In other words, to the extent Mot defers or forgives payments on the O&M how much cash flow does Iridium really spend? Somebody said that Motorola had more important things to spend money on than Iridium and probably that's true, but Ir is still a very high visibility project. Motorola has a big investment in the space segment that will be very badly effected by an Iridium failure.