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Technology Stocks : Loral Space & Communications
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To: Dennis Roth who wrote (10811)8/10/2005 10:35:18 AM
From: Dennis Roth  Read Replies (2) of 10852
 
>> His own holdings, more than one million shares, were wiped out with other investors' <<

I'll bet you dollars to donuts that Bernard Schwartz and cohorts will receive generous stock awards and options within six months of Loral coming out of bankruptcy. Don't cry too much for Bernie's 1 million shares in the Old Loral becoming worthless in the Loral bankruptcy. Those will be replaced. Besides what did Bernie pay for his 1 million shares in the Old Loral in the first place?
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