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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (2515)4/7/1998 1:06:00 AM
From: lostozzy  Read Replies (3) of 10852
 
I am new to posting to this thread, but I have been a lurker for a long time.

I have positions in LOR, G* and VSAT.

With regards to VSAT they were down graded from Strong Buy to Buy today by Unterberg.

The real reason that I am posting is that I just read the April 20 issue of Forbes. It says on page(s) 58-64 that the Saudi Prince Alwaledd Bin Talal is making a $200,000,000 investment in Teledsic. This according to the article is a 14% stake.

I find it interesting on the day that Cyber* is announced that the man many consider to be the Arabian "Warren Buffett" is making an investment in Cyberstar.

Sorry for the length of this post.

Regards

Lostozzy
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