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Technology Stocks : Loral Space & Communications
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To: duncan moyer who wrote (5245)1/31/1999 11:59:00 AM
From: Joe Brown  Read Replies (1) of 10852
 
I, too, wait for my satcom investment to take off, while watching the 'net stocks go up 100's of percentage points in mere months. However, the response to the Economist article on the CSCO board reflects just the sort of hubris that often precedes a fall. My opinion only, but the coming week could be the inflection point for the group, which has failed to regain the highs following the recent steep correction; the Fed meeting could also induce some nervousness, given the sharp GDP rise announced last week.
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