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Technology Stocks : Loral Space & Communications

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To: lostozzy who wrote (2516)	4/7/1998 3:47:00 AM
From: dougjn	Read Replies (1) of 10852

That prince made one legendary pick. Citicorp. Most of the rest have been garbage. Citi may have been a close to home, experience sort of call. They have always been the class act in Int'l US banking, and Reed has been smart enough to decide to leverage the band name and minimize the big bets on 3rd world honesty. I.E., he has gone for upper middle class emerging third world credit card and banking business, and tended to take a pass on the fairly thin margin loans to the perhaps bogus infrastrucure deals of the third world politcal classes. Doug

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