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

To: Bill Jackson who wrote (1886)6/1/1999 9:41:00 AM
From: Marty Rubin  Read Replies (2) | Respond to of 2693
 
bill, first, they are not going for bankruptcy. second, you're not paying at the top ($50/share). 3rd, any good news will spark the stock since the shorts is cut throat. those partners have lots of cash. if this was in the '80s when people came out of nowhere with some billions of $ (mostly borrowing) then you can say XYZ is going ch 11. marty



To: Bill Jackson who wrote (1886)6/2/1999 10:30:00 AM
From: Rob Prickett  Read Replies (1) | Respond to of 2693
 
Bill, "Iridium is old tech and old think and it is time for it to die"

Would you elaborate? In what way is the technology old? No doubt techology has improved since the system was on the drawing boards. My question is, Is the technology adequate to support global voice traffic at a capacity level which will float the business? I allow for a change in the pricing and marketing.

Thanks,
Rob, Not an owner yet


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