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


To: dumbmoney who wrote (1804)5/20/1999 4:45:00 AM
From: Moominoid  Respond to of 2693
 
Well I'm certainly not long this thing now. I gambled that the technical formation would play out and there would be a bit of a short squeeze before the crash. On the other hand analysts even recently were posting reports that were very bullish. I guess they just wanted to get rid of their stock <g>. The odd thing is that as far as I can figure, even if Iridium had met targets it would still need radical new funding going forward...

David