Loral Space & Communications Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Loral Space & Communications

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ccryder who wrote (2147)	3/9/1998 7:51:00 PM
From: JMD	Read Replies (1) of 10852

ccryder (absolutely love your net handle although I didn't 'get it' for a few months--i.q. challenged). Your point is absolutely valid: there are any number of institutional investors whose 'charter' precludes them from investing in the stocks of companies who are not earnings positive. From today's price and volume action, it is clear that the institutions were buying with both fists. Which is kind of amusing to think of these guys sitting there waiting for "it" to be official when they knew it was either this quarter or more likely next quarter for the magic cross-over to inevitably occur. Then Bernie tosses in a little gain from sale of an airplane brake company and it was "whoopsie" buying panic time. Totally ludicrous, but enjoyable. BTW, the same thing is true with regard to dividends: some mutual funds can't own stocks that don't pay dividends, period end of story. So my guess is Bernie will magically declare some teeny weeny little dividend 4 or 5 years from now and we'll have another 'fund' day. Kind of nuts from my perspective as I could care less about day to day price fluctuations, but a mite painful for the shorts I'd imagine. Mike Doyle

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next