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

To: Marty Rubin who wrote (1872)	5/30/1999 10:27:00 AM
From: CMon	Read Replies (1) \| Respond to of 2693

<< but how can you fold a company with so much a stake, when the only problem seems to be is management? >> Marty, sorry but the statement above can only be described as foolish. The problems of this management team are: marketing problems and pitiful demand, enormous operating costs, enormous and very real depreciation, and a capital structure that accelerates the day of reckoning with those other problems. If you were to replace current management with a dream team, they would still face what to me appear to be insurmountable problems.