YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (2601)	7/15/2003 8:15:22 AM
From: Joseph B. Schmidt	of 23958

Um, maybe the 15% rule is good, lol... Reuters Loral files bankruptcy, to sell six satellites Tuesday July 15, 7:58 am ET NEW YORK, July 15 (Reuters) - Loral Space & Communications Ltd. (NYSE:LOR - News), a satellite maker and operator of a space-based communications network, said Tuesday it filed for bankruptcy amid a mountain of debt that has burdened it during the prolonged aerospace and telecommunications slump. As part of the filing, Loral said it had agreed to sell six of its North American satellites for up to $1.1 billion to international satellite system operator Intelsat Ltd. I'll take a mulligan on LOR; let's keep it out of the folio. I'm going back and sticking to my original criteria to look for candidates, so that'll knock out any super-speculative picks immediately.

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