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Technology Stocks : Loral Space & Communications
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To: Joe Brown who wrote (5216)1/29/1999 8:08:00 AM
From: Jeff Vayda  Read Replies (2) of 10852
 
Jack, If I may, your talk with the street person is dated. Yes if I* had failed, the street would have soured on the industry and there would have been no money to be found. That was then, this is now.
Satellite telecom is a fact. It is no longer a venture capital pie in the sky idea. I* is up and supporting. The street is looking for results. The winners or losers will be based on returns. G* is no longer dependent on I* and I* is only dependent on itself. Both systems need subscribers and that will be the determining factor. Dont get too down, I* still is miles away from where us G* longs have been. Give it time, the picture will be clearer in a year.

Jeff Vayda

P.S. Have you been watching those internet stocks and feeling somewhat left behind? I know I am. I thought I was investing in the rocket industry!
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