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Technology Stocks : Loral Space & Communications
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To: ALTERN8 who wrote (10460)6/17/2003 3:46:45 PM
From: Larry Brew   of 10852
 
ALTERN8, It does seem to be holding up fine, but I took the opportunity to exit at even yesterday. Reverse splits IMO typically work out rarely, although it seems fit for LOR under current conditions. Doing it and diluting shares seems a real act of desperation and one that gives me a total lack of confidence in management. Debt is so great I can't see a buyout. I expect bankruptcy and issue of new shares. The scumbag way out. Laws need changed.
Larry
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