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Technology Stocks : Loral Space & Communications

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To: JMD who wrote (2394)3/31/1998 9:46:00 PM
From: Dragonfly  Read Replies (2) of 10852
 
"but I damn well know we're all gonna have one hell of a party when these birds are aloft "

Speaking of which, has anyone been able to detect a correlation between LOR movement and the G* launch? There's a clear correlation on the I* side. And GSTRF seemed to turn a sharp corner in January and run up to $70 in anticipation of the February launch.

This makes me think that GSTRF options for September might be a good deal- Between now and then we'll (hopefully!) go for 4 to 28 sats in orbit. Since the IRIDF valuation has followed in almost lock step with the launches, GSTRF may do so as well.

Maybe I'll put my April investment allocation into GSTRF options for September and cash them out to buy LOR stock when GSTRF reaches $100 (or in september, if they are in the money.) IF the movement is similar to the last one, then it should be above $100 well before september.

Dragonfly
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