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Technology Stocks : Loral Space & Communications
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To: RMiethe who wrote (5666)3/31/1999 9:00:00 PM
From: Sawtooth  Read Replies (1) of 10852
 
Great perspective, RMiethe.

<<I spoke to a New York brokerage firm analyst yesterday, a brokerage firm we give substantial commissions to, and asked him why he did not re-recommend Loral at this time. "Everyone knows Loral is down because of Iridium" was his reply.">>

That is mind-boggling, isn't it? If the Lor story is intact and the stock is down because of Irid, doesn't that make Lor a more attractive purchase? How many times have we seen similar opportunities? Many, many, many; but one needs to recognize them and have the innards to move on them.

Thanks for a good post. ...Tim
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