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Technology Stocks : Loral Space & Communications

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To: Dragonfly who wrote (3248)5/20/1998 10:30:00 PM
From: brian h  Read Replies (1) of 10852
 
DF,

Dougjn is a short term trader as far as I know. He has predicted QCOM to go lower ever since January 1998. May be even ealier. QCOM is so far holding itself and up. He can give all his opinion but market will decide itself. I for one wait for my chance to get in on LOR where I feel comfortable. I got my 2001 at 25 LEAPs when the stock price is at $26 3/4. I may get in to buy GSTRF instead if it fall below $58 (the price Soros suppose to buy in).

Some of my LOR's cost basis is the book value of new LOR. I do not time it. Just plain buy and hold. A different style from Dougjn for sure.

Brian H.
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