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Technology Stocks : Loral Space & Communications
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To: Drew Williams who wrote (4159)8/7/1998 7:40:00 PM
From: JMD  Read Replies (2) of 10852
 
Drew, Bernard Levy has already responded with what you need to know. Let me just add that I have NEVER once seen anybody that I consider a serious commentator take the blimps seriously. The two most commonly cited problems are wind stability issues and interference with commercial and private aircraft. Others have commented that blimps do crash on occasion, and the notion of one falling on downtown San Francisco is somewhat disconcerting [at least to me].
Of course this means that their IPO is probably next week and that their stock will blow by YHOO. If it does, I will join with Bernard in the short lane. Best, Mike Doyle
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