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Technology Stocks : Loral Space & Communications

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To: Don Limb who started this subject	4/5/2001 1:13:40 AM
From: defendall	Read Replies (2) of 10852

I can't believe the garbage you people put out.Most of you have never met Bernard Schwartz let alone even talked to the man yet "get a rope and hang 'em" is your mentality. I spent hours in his office in New York and again in Long Beach at a convention with him not to mention countless hours on the phone with him. I recently offered him to do a deposition on his part to counter the lawsuits with Globalstar.He declined my offer because at the time he was accused of bilking investors he was spending millions of his own money on the stock.He put his money where his mouth was! He informed me last July that the plan wasn't working and I came back from New York and reported it to this thread and got ripped by everyone.I kept saying "don't let the technology blind you of the business plan" and reported only 10,000 customers.I even stated that I got my info from Bernard but no,everyone was in denial.Go check my previous posts. At the same time Gregg Powers comes on the scene like a savior who gives great hope.Well you know what? There was hope.IFN and Boeing came on the scene and even though voice prospects were decreasing data and in-flight looked good. Did Bernard trick Boeing and Rockwell?How many sells have they made? The Ford aspect.I called Bernard the day Ford and Qualcomnm made their announcement and asked Bernard why wasn't he there and he stated "We never said G could do that". Again I posted this and was ripped by the board.Again go back and read my posts. My point to all this is I'm sick and tired of the know nothings here and the low lives on Yahoo who decimate Bernard and don't have a clue who the real man is. The straw that broke my back is the dredging up of all this Chinese rhetoric again.The right wing radicals who would shoot students,women and children for the American flag without question and believe the bullshit our government crams down our throats and destroys an entire industry (satellites) because of this political bullshit.Ask Boeing and LMT who were fined and hurt if it was Bernards doing,their loss of business. Your own government has hurt this industry with their over regulation. You've also had many changes in technologies. If all the other companies,Iridium,ICO,Boeing,Teledesic,etc. were rocking and rolling and Loral was in this shape I'd know management was at fault but get a grip people! I'm sorry to offend but to those who don't know Bernard and can't see what changes have happened to the entire industry not just Loral well too bad.I'm sure Craig McCaw doesn't blame Bernard.He's had to scale back with millions,no billions invested and is losing a ton. Just remember,Bernard has put up millions of his own money in good faith.

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