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Technology Stocks : Loral Space & Communications
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To: Jeff Vayda who wrote (10210)9/25/2002 5:33:52 PM
From: ebg51  Read Replies (1) of 10852
 
Jeff. What about the expression "In for a penny- In for a pound"? LMT is into LOR for what 45Mil shares? How do they best resolve that loss? I mean 45Mil shares at .30 is only $13.5 MIL. That means they have lost 98% of their original investment. Isn't it in LMT's best interest to buy LOR and part it out? At least they would get something out of it, though nothing near what they have into it.
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