Loral Space & Communications Message Board

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Technology Stocks : Loral Space & Communications

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To: Slick who wrote (6293)	6/14/1999 1:38:00 PM
From: Jeff Vayda	of 10852

Slick: You are a year too late for a "major slump". All the continued bad news has been priced into the stock price for months. There is a large amount of inertia involved in Loral stock. As the good news continues, Loral will overcome the drag on proceed higher. Until good Globalstar numbers (not numbers of users, but system usage numbers) come in, Loral will probably hang around in the current 16-20 range. The street is waiting to see how G* does. Once the numbers are in, the picture will be clearer. Take your pick as to which way you think it will go, but I'd dont think your 'short' sighted posts will sway many on this thread. Jeff Vayda

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