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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (2820)	4/30/1998 6:19:00 AM
From: Thomas	Read Replies (1) of 10852

Valueman, I agree with your assessment of the dilution issue, but it does also mean that current shareholders see dilution of their ONSI, SatMex, C* etc. assets in a trade for a greater proportion of G* ownership (as you point out, at a great price). Not a bad trade. Maybe Bernie will use some of that extra cash to buy into Latin America privatizations. . . Cheers, Thomas P.S. way off topic, but check out CGIX. The stock had fallen out of bed on a bad 4Q, but yesterday posted a strong rebound quarter. CGIX is an IT consulting company and is trading at a little better than 1x revenues compared to peer group average of 3-4x. Yes, I am long CGIX. Nice little story.

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