Loral Space & Communications Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Loral Space & Communications

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snake who wrote (1808)	1/30/1998 12:27:00 PM
From: Thomas	Read Replies (2) of 10852

Bill, I agree with you on the concept of over-reaction to this news, but there is no way SS/L should be a 5.5x EBITDA business (so Bernie got a steal last year), even with the volatility and competition and risk (to wit this situation), the franchise/technology/people gotta be worth more than 5.5x (how 'bout at least 8x?, that would be 8x $30 million EBITDA reduction= $240 million lower market cap, less than $1 per share fully diluted proforma-- sounds about right to me). I like the CIBC analyst's comment about the per share value of SS/L within the LOR package, it shows that there is a little understanding growing out there. As for his comment about perhaps taking an equity stake to "own" their way out of this current problem, I think we've covered that ground here ;-) Cheers, Thomas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next