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Technology Stocks : Loral Space & Communications
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To: dougjn who wrote (1999)2/19/1998 5:06:00 PM
From: Jim Parkinson  Read Replies (1) of 10852
 
I will throw my two bits worth here re: the disparity. I agree with Geoff and add that those of us in G* believe that it will be a $200+ stock when fully operational and subscribed, somewhere around 2002. If everything we believe about this comes to pass, then it will be. I don't think there will be anything in between. It is either going to work or it won't. If it does work, then those numbers will be achieved. Those who follow it can do the math rather easily and support that price. Now that the story is starting to unfold those who believe in the story are saying "I'll buy at these and higher prices to own a stock that will be worth 3 or 4 times as much in 4 or 5 years." Makes sense to me. Loral on the other hand has several things going for it which makes it less simple to value although Readware, Valueman, and others have plus we still have the Orion deal pending. Once that deal closes, up we go IMO.
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