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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (1598)12/18/1997 10:37:00 AM
From: Geoff  Read Replies (1) of 10852
 
Methinks that the LOR FAQ needs a link to the FAQ VSAT! I will place a link somewhere on the FAQ later.

I'm buying some more LEAPS, now that the premium has dropped about 1 point since their highs a few weeks ago. I lost out on my DEC 25s, but they were so cheap, and I gambled with so little, I think it was a good learning experience. Now I have LEAPS, and am looking for more. As for the underlying stock, I just got my bonus check and I'm going shopping at the NYSE today and tomorrow, a few more hundred shares of LOR is completely within reason.

This stock really presents itself as a textbook "buy and hold" strategy. The potential, we all believe, is there, and the management is solid, the business plan is well-thought out and well-defined. What more can one really ask for?

Ho, ho, ho!

geoff

PS - Readware comments are coming, and there are a lot of them.
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