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Strategies & Market Trends : Sharck Soup
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To: Due Diligence who wrote (19270)4/30/2001 12:24:52 PM
From: American Spirit   of 37746
 
LOR looking good. Unterberg $9 target, insiders buying, $12 in assets stock at $2.40. Even minus large debt worth $8-9. 800 million cash/credit. Short squeeze will continue. Liking it back to $5 at least here. Also an aliamnce/takeover candidate. The concensus coming out of today's report was it's safe to go back in the water with LOR again. Globalstar is history. Written off now. Not even mentioned. They tok their billion dollar hit last quarter. A one-time charge never to be repeated. No more losses out of G.
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