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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (5668)	4/1/1999 12:37:00 AM
From: Bernard Levy	Read Replies (2) of 10852

Valueman and others: Trying to find a silver lining in the current debacle, what do you think I/G troubles are doing to ICOGF? Are the current problems severe enough to force the abandonment of some or all future satellite constellations? Such a market rationalization could be a major plus down the road. This is to be contrasted with the huge market caps awarded to WCOM/QWST/LVLT/GBLX and to a lesser extent WMB/IIXC. They only encourage more fiber buildouts. So, sooner or later there may well be a major valuation realignment between satellite and fiber companies. At least, I hope so. Best regards, Bernard Levy

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