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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (10831)3/6/2001 9:10:20 PM
From: DlphcOracl   of 37746
 
Unappreciated and unloved: Loral (LOR)

Stock is trading near its 52-wk low at $3.60. Has finally rid itself of Globalstar and can now concentrate on its defense and satellite businesses. Given the interest in GM's Hughes spinoff, this might be a possible target for acquisition. I started nibbling at $3.50; any thoughts on this one?
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