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Technology Stocks : Loral Space & Communications
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To: Clean who wrote (10568)7/28/2003 11:32:19 PM
From: Selectric II  Read Replies (2) of 10852
 
You're kidding, right? I bet this thing's been timed like a Swiss watch, for the past few years. This situation didn't develop overnight. This is a company in an industry that has long lead times and projections. Hasn't the company said so itself, except when it isn't convenient to do so?

e.g. You don't order a satellite today and have it in orbit to do your bidding 24 hours later. If you wanted to invest in a company that did that, you'd invest in something like Wheaties.
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