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


To: regine who wrote (1778)5/14/1999 3:09:00 PM
From: dumbmoney  Respond to of 2693
 
Iridium bonds spiral downward

biz.yahoo.com

The bonds are a better deal than the stock (but I wouldn't buy either).



To: regine who wrote (1778)5/14/1999 3:11:00 PM
From: CMon  Read Replies (1) | Respond to of 2693
 
Averaging down here is a huge mistake.

Clearly you don't understand the implications of a restructuring for the equity.