Loral Space & Communications Message Board

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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (1974)	2/18/1998 1:17:00 PM
From: JMD	Read Replies (2) of 10852

Valueman, I've had so many friendly bets on this one I can't count'em. I could not for the life of me see how Bernie could resist (of course CQ's halt may be for other reasons and/or LOR may not be the buyer) but IF it is I'm going to at least collect a few psychic I told you so's. I bought CQ for my kids many, many years ago and of course they achieved an IRR of about 3.89% as a result of their father's brilliance. My last thought before selling them out last year was: but LOR will buy CQ and then they'll get into where they should be for a better price, no cap gains (small though they were), no commissions, etc. Finally, threw in the towel, sold their CQ and bought LOR. No regrets whatsoever but I'm going to be watching this one very, very closely! Regards, Mike Doyle

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