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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (4946)	12/2/1998 9:59:00 AM
From: Jeff Vayda	Read Replies (1) of 10852

Vman: Unfortunately for me as a 'long', Loral and G* entered the world of politics over the summer. For Shorts and Day Traders this is a great thing. Maybe I'll start playing it short as well. In politics things are always late to the board and things are played behind the scenes. G* will go down as the parties play with each other - The Democrats against the Republicans in the State, Justice and Commerce Departments, each wanting the other to swing in the wind a little. Now with this wonderful international launch world, the Russians add another order of magnitude in players. The Mob, Russians, Ukrainians and God knows who else is in the mix. The result a great trading play with G. Add in the Momentum and Day Traders and things are really screwy. Remember the old investment advice: Research, buy and hold, and most of all, dont look at the stock price everyday! This one will drive you crazy. Long term, Loral and G will do fine. Just have to hang on in the mean time. Jeff Vayda

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