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Technology Stocks : Loral Space & Communications

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To: SafetyAgentMan who wrote (8487)10/15/2000 11:01:18 AM
From: Rocket Scientist   of 10852
 
Good news, SAM: Hoover's is wrong....

Compare the balance sheets they show for "Annual" vs "Quarter." At 12/99, the former shows 2.75B$ in
equity, which agrees with Loral's 10K. The "quarterly" balance at 12/99 shows 2.015, declining to 1.8B at
6/30.

The correct figure, according to Loral's 2nd Q report is 2.853B$, or around 8.75$ per share.
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