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

To: Moominoid who wrote (1662)	4/24/1999 12:24:00 AM
From: Dragonfly	Read Replies (1) \| Respond to of 2693

I think its safe to say we will be in the $15-$25 range for the next 6 months. Once handset production is worked out and the creditors are happy and people start to see the real demand for this service, it will break $25. Until then, people will believe the doomsayers. The funny thing is, the doomsayers are using a scenario that has all parties working against their interests. All of these parties have a vested interest in the success of this thing- the debt holders included. Iridium, which holds the record for the largest on-time infrastructure development ever, an amazing feat of execution, will get the time to work out handset problems. Dragonfly