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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (5521)3/19/1999 2:03:00 PM
From: E Haiken  Read Replies (2) of 10852
 
It is obvious that Wall St does not understand Loral. I believe
that the risks are now minor & eventually the stock will trade
at a far higher level. The only part of your analysis that I don't
understand is why you would be in favor of a buyout. Your thesis
that Loral is undervalued is clearly correct, but your conclusion
baffles me. I can't imagine a buyout price high enough for any
long term investor to be interested.
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