Loral Space & Communications Message Board

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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (1643)	12/29/1997 12:12:00 PM
From: Snake	Read Replies (2) of 10852

Stock price Anyone who underestimates how LOR and GSTRF should react to successful launches should look at ORBI stock price action since they launched 8 birds on 1 rocket last week. It has increased from about 23 to about 29. Loral should see the same type movement or more when it launches its first Zenit-12 satcoms, which many would consider G*'s riskiest launches. The first 2 launches on a Delta should help some, but July through the end of the year will be better, given successful Zenit launches. My personal theory on the lack of movement on stock price is that Wall Street got a little jittery after seeing some of the evil satellites can do from the latest James Bond movie. In January or February, once 007 is out of the theaters, the price should do better.

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