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Technology Stocks : Loral Space & Communications

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To: jopawa who wrote (5387)2/24/1999 1:09:00 PM
From: Jeff Vayda  Read Replies (1) of 10852
 
jopawa:

Hypothetically speaking - do your own diligence - past performance is no guarantee of future results - determine your own tolerance level - it depends on what flavor of ice cream you like...

Have I covered all the standard CYA statements? Good. I basically looked around and thought G* would beat I* (long term) so I bought G*. I still favor the business plan so I* is out. Loral owns bunches of G* so here the choice is pure telco play (G*) or the wide information handling of Loral. I would say they are pretty much a push at today's prices.

Since I have my base portfolio already, when I have money to devote, I simply buy the one which will reduce my cost basis the most. Right now that would be G*.

Good for you on your profit to date. Hope to join you soon.

Jeff Vayda
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