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Technology Stocks : Loral Space & Communications
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To: Bernard Levy who wrote (6028)5/5/1999 4:29:00 PM
From: Rocket Scientist  Read Replies (2) of 10852
 
<We will be hard pressed to break 20 at any time this year.>

I'm wrong more often than right on stock price predictions, but FWIW, I'll go out on a limb and predict a close above 20 this Quarter, if not this month.

Unless this Delta III failure somehow cascades into delays of the G* DII launches, this launch failure is, financially, a net nonevent to Loral, IMO, at least if the insurance proceeds go straight to Loral. In any case, Loral inherited the GMH's satellite and launch vehicle selection from Orion, so I fail to see how BLS is to blame (unless maybe for buying Orion in the first place.)

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