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Technology Stocks : Loral Space & Communications

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To: Mr. Proofsheet who wrote (2770)	4/28/1998 1:26:00 PM
From: Dragonfly	Read Replies (1) of 10852

If they achieve $3B in earnings in 2002, and the number of fully diluted shares is 216 million and the price to earnings ratio is 35, that means a share price of $485. Do we have any reason to believe this is unrealistic (or my calculations are wrong?) Since my current average purchase price is close to $25, that would be a 20 bagger in 5 years! Dragonfly

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