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Technology Stocks : Loral Space & Communications
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To: Geoff who wrote (2459)4/3/1998 2:35:00 PM
From: Dragonfly  Read Replies (2) of 10852
 
"what is causing LOR to take off? "

I'm wondering this too. Maybe the wide coverage of 300,000 handsets being ordered has made people feel that the market is confirmed. 300,000 handsets means a lot of customers.

I'm annoyed as I won't have my next investment money until the 10th and I was really hoping to get more LOR under $30. $30 is a steal, $35 is more than I want to pay.

Then again, maybe this is telling me that my expectations for how much the stock will move over the next 2 years are way too low-- if it moves solidly into the mid-30s this month, maybe it will be $100 by the end of 99.

Dragonfly
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