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Technology Stocks : Loral Space & Communications

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To: dougjn who wrote (2759)4/28/1998 5:58:00 AM
From: Thomas   of 10852
 
Doug, the up-tick in interest rates should hurt G* much more than LOR. At least LOR has *some* earnings. The cloudy interest rate picture was the only factor that held me back from buying some more GSTRF options on this dip, i.e. prospects for higher interest rates reduce the PV of G* cash flows which are *so* far in the future. Still a very nice long term play, but tough to play short term trading strategies in this turbulent market with an uncertain interest rate outlook.
Cheers,
Thomas
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