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Technology Stocks : Loral Space & Communications
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To: F. Foos who wrote (2888)5/8/1998 3:13:00 PM
From: DaveMG  Read Replies (1) of 10852
 
Frank,
Listen, I don't even own any LOR. The move up from 20 in Jan happened so quickly that I haven't had a chance to buy. I keep waiting and hoping for a pullback, however I'm not at all sure that short of launch failures there's going to be much more than what we've just seen.It looks to me what we're facing is an overvalued mkt but one with really good underlying fundamentals,especially in some areas like satcom.So....is LOR overvalued?...Dave
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