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

To: Dragonfly who wrote (1521)	4/6/1999 12:45:00 AM
From: RetiredNow	Read Replies (1) \| Respond to of 2693

Dragonfly, have you ever thought that maybe it's people like you who are what's wrong with online forums? I was right here when things were good too. I distinctly remember congratulating everyone and saying I wished I was in. But you know what? I stuck to my guns. I also said I still wouldn't invest until I saw sustained earnings. True, my investment style isn't for everyone, but it's done just fine for me. I can do without all the ulcers that companies like these give me. BTW, it sounds to me like you are the one with the problem. Most everyone else around here just posts their opinions about the stock. You post your opinion about the posters. That is a sure sign that you have lost a ton of money on this stock. I'm sorry that you have lost money. Maybe if you stick with it, the stock will come back. But maybe it won't either. Just don't get emotional about it. That never helps an investor.

To: Dragonfly who wrote (1521)	4/6/1999 8:05:00 AM
From: CMon	Read Replies (2) \| Respond to of 2693

Dragofly, your comparison of IRID to AMZN ro YHOO is absurd. While I believe that the price of those are ridiculous also, the beauty of those business models is the relatively low operating cost. In addition, those companies aren't built on high yield debt. IRID is extremely capital intensive and heavily debt laden. Get your mind off the intriguing concept and focus on the crushing debt ahead of you, the stockholder. The verdict of those markets, (Sr debt YTM = 32%) where starry-eyed retail investors aren't found, is that this company is headed for a restructuring.