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Technology Stocks : Loral Space & Communications

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To: JMD who wrote (3412)5/26/1998 10:45:00 PM
From: Dragonfly  Read Replies (3) of 10852
 
Really interesting Lehman report on Globalstar:
lehman.com

JMD et. al.-

I wish I knew where the bottom was. I decided to get in once we'd had an "up" day, but it looks like I was wrong. I don't think I'll ever be unhappy with any purchase under $30!

Anyone out there have a relative valuation formula to compare Loral to GSTRF to see which is the better buy right now? I'll have to fire mine up tonight, but one simple measure is: To get back to their 52 week highs, loral would grow %34 while globalstar would grow %29. So, maybe should buy Loral again this week.

Dragonfly
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