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Technology Stocks : Loral Space & Communications
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To: JMD who wrote (6985)11/16/1999 5:51:00 PM
From: Dragonfly  Read Replies (2) of 10852
 
JMD-

I respect your opinion, and I've been wrestling with how to respond to Loral's failure to deliver. Reading your post, though, makes me think that Valueman is right. The words "If it were anybody but Mr. Schwartz" really struck me-- one of the adages I've read and believe is that "when you start talking about the head of a company by his first name, you've lost perspective". I certainly lost perspective awhile back and got out of my area of expertise for investing-- but relying on one man to deliver in order to justify ones investment decision, especially when that man has recently failed to deliver on his promises and has not provided explanations, starts to sound foolish. I'm not saying you are foolish- I'm saying I would be.

Dragonfly
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