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Technology Stocks : Loral Space & Communications
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To: RMiethe who wrote (6264)6/10/1999 12:49:00 AM
From: JMD  Read Replies (1) of 10852
 
RMiethe, jeez I was just crying in my beer and all of a sudden some serious stuff comes flying back in response! Think I'll bitch more often.
I take your point that the analysts rule at least in the short run (and maybe in the intermediate run too). Still I am confused on at least one point: are you saying that the analysts are RIGHTFULLY turning a cold shoulder on LOR/G* based on failure to meet targets? Or are you saying that they have WRONGFULLY done so "it is a joke that the analyst has gotten the company in that bind"?
As for marketing, I am totally conflicted. The Qualcomm thread spent two years criticizing Irwin Jacobs for failure to play the PR game, ripping analysts' heads off for asking stupid questions, being too harsh in extracting royalties from telecom carriers, etc. To all of which the good doctor said "bugger off, my technology works and I'm gonna whip the world and one day all those idiots will come to me on bended knee". I am sure you know the rest of the story.
OTOH, the current Virgin Atlantic ad campaign with Austin Powers is very clever IMO and I certainly agree that marketing is an incredibly powerful tool. Personally I have more fun trying to divine the mysteries of the technology, but in the next 12 months we got beaucoup phones to sell. On that point, among others, we are in complete and total agreement. Kind regards, Mike Doyle
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