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Technology Stocks : Loral: Reversal of Fortunes

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To: SafetyAgentMan who wrote (6)4/4/2001 6:56:07 PM
From: A.L. Reagan  Read Replies (1) of 12
 
I wrote this post questioning liquidity issues on March 26:

Message 15567004

and R.S., who follows this outfit a lot closer than I do, responded that he didn't see any issues... but that was before the financial #'s were restated in the 10-K versus the earnings release.

It may be that CEUT is still operating from the earnings release, and Pru read the 10-K.

The only decent thing with CEUT, is that Kidd understands the basic supply/demand dynamics of the sat biz probably better than any other analyst. Whether he can read a balance sheet or a 10-K, dunno, beginning to doubt it.
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