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Technology Stocks : Loral Space & Communications

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To: Reagan DuBose who wrote (3553)6/1/1998 7:54:00 PM
From: donss  Read Replies (4) of 10852
 
Reagan,
That's what I've been thinking for the last couple of weeks and as a result have bought more shares, however it seems that I was a little early. I am beginning to think that it may take years for the issues with Loral to get settled. I don't think that we will ever wake up one morning and find that Loral has been cleared of all charges and have the stock price soar. It does not seem possible to prove the allegations 100% one way or another. IMO its more likely that these charges will drag on and after a period of time no one will care anymore and then the share price will seek its proper level commensurate with future earnings expectations.

Comments anyone?
-Don
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