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Technology Stocks : Loral Space & Communications
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To: JGoren who wrote (4458)9/1/1998 6:51:00 PM
From: Bernard Levy  Read Replies (2) of 10852
 
Except for the launch risk, I do not see how CSCO
can be viewed as a safer investment than LOR. CSCO
trades at 10 times sales, even though it is a
reasonably mature company. CSCO is a superb company,
but how can one assume that networking growth will remain
strong for 20 to 30 years? LOR offers much better value,
particularly in its current totally washed out state.
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