Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dragonfly who wrote (1734)	4/28/1999 10:16:00 PM
From: Andmoreagain	Read Replies (2) \| Respond to of 2693

It is only a matter of time before this board becomes irrelevant; that much is clear from the mass exodus of management at Iridium. As I noted on the Globalstar board, Rene Descartes once said, "The truth has no need of defense". And one of Shakespeare's characters (who here can say which?) said: "Methinks thou doth protesteth too much." All of which is a convoluted way of saying that if Iridium had success written all over it, no post need be made to make that point. And if too many posts are made in its defense, it should be obvious that success is far from assured... These same concepts apply to Globalstar.

To: Dragonfly who wrote (1734)	4/28/1999 10:46:00 PM
From: Goodboy	Respond to of 2693

Please promise me you will stay long in Iridium until the end of this year. I don't know you, but from what I have read, it will make me feel even better when I cover the rest of my short in the $1 to $2 range knowing that you will still be here playing defense. Nice to see blind optimism is still cloaked for an "unbiased and informed opinion". All the boobs here who have called for the company's demise are all wrong. The stock has gone from $40 to $15, the two executives responsible for the convoluted financing structure and the brilliant marketing plan have exited and the creditors are realizing that more money will be needed and demand is not surfacing. Do Iridium phones work underground (RIP)? By the way, the phones do work best at the poles. A smart guy like you knows why, don't you?