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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Gregg Powers who wrote (30064)	5/14/1999 2:39:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Gregg - great post ! Jon. eom.

To: Gregg Powers who wrote (30064)	5/14/1999 2:52:00 PM
From: Michael	Respond to of 152472

biz.yahoo.com <<Iridium, a consortium formed by telecommunications and industrial companies, was founded by Motorola Inc. (NYSE:MOT - news), which still owns a 20 percent stake. Motorola bonds were seen trading three basis points wider on Friday, a trader said. Iridium has had problems meeting revenue and subscriber growth targets that were conditions of its loans. It has said it no longer expects to have 27,000 satellite subscribers by May 31, for example. At the end of March, Iridium had 10,294 customers. Washington-based Iridium lost $505.4 million in the first quarter, 42 percent more than in the year-earlier period, on revenues of just $1.45 million. Results have been hurt by slow production and distribution of phones by suppliers, quality problems with certain handsets, and problems with training and equipping enough salespeople. >>