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Technology Stocks : Loral Space & Communications

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To: JMD who wrote (1522)11/21/1997 11:54:00 AM
From: Geoff  Read Replies (2) of 10852
 
RE: ITU/Teledesic/Skybridge

Thanks for posting that, I hadn't seen it yet. Looks like there is momentum building behind LOR, we'll be retesting the highs soon, this time, I think that we'll break through as the year comes to a close, pretty much right on target with Readware's call for $24 at year-end. I think we may end a dollar or so higher. Things are happening fast...

The options on LOR have sure been active, some people must have made a fortune playing them. This announcement must have been part of the reason, this is really good news. I only dabbled a little and doubled my money on the Dec 25s, not bad for a newcomer, and those LEAPS are phenomenal! I hope to play a few more to make enough money to buy a whole lot more of LOR.

Best of luck,

geoff
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