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Technology Stocks : Loral Space & Communications

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To: E Haiken who wrote (1557)12/5/1997 11:33:00 PM
From: lbs  Read Replies (1) of 10852
 
I agree that LOR has tremendous potential. I just don't know how the market will value the stock between 1999-2000 when their earnings will not be near $5. I certainly hope that we hit these numbers by 2002, but if we don't, I know that we will explode in the years that follow.

I have a significant position in GSTRF. I am accumulating one in LOR. I don't want these stocks to run away from me, but I have a hard time establishing a value on a stock based on earning projections five years from now, with many many launches to come.

However, I do think that GSTRF and LOR are musts in ones portfolio. I know that Readware sees LOR at 65 by the year 2000. If we can hit that, I will be really really happy.

Best wishes,
Dan
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