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Technology Stocks : Loral Space & Communications

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To: Reagan DuBose who wrote (2926)	5/14/1998 8:56:00 AM
From: Jeff Vayda	Read Replies (1) of 10852

Hey guys when did you figure out all this China stuff is political? Short political history lesson: The country with the largest trade imbalance is the one that gets singled out by the politicals to use to beat up on the other party. Remember Boeing and Japan some years ago. Remember Hitachi, the entire Japanese car industry and on and on. The Russians offered to launch 24 Globalstar satellites per Zenit! (Loral thought 12 was good enough) Do you think the Chinese, if really in a hurt for the technology would chance it with a US company when they could deal with the cash starved Russians or the ever Morally High Minded French? As for the sector, is this just the yearly summer doldrums for the techs as a whole? Jeff Vayda

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