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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: JMD who wrote (6268)6/10/1999 10:31:00 AM
From: RMiethe  Read Replies (2) | Respond to of 10852
 
JMD: of course I don't agree with analyst short term thinking on Loral. The price should be higher, will be higher, where to I don't know but have good confidence of the half-century mark in a number of quarters.

On the marketing: I do remember the marketing complaints against Qualcomm (although not from SI), and know full well how the stock just went through all the complaints where it is now. You and I have discussed what a great success our Qualcomm holding has been. In fact your friend thinks this is a $300 stock in FY 2002 as he loves to say. He has talked about CDMA for internet bandwidth spectrum, but I don't pretend to understand any of the work behind it. Nor am I saying it will be $300/share myself, just passing along another's opinion that you can look into for yourself.

My point on the advertising for Globalstar is that marketing is 90% of a good technology's success. Microsoft knew that (Apple is a better OS-- no questions on that). Mitsubishi creamed Soney Betamax on marketing, and "Coke's the one" blew away Pepsi. Sure, the spokesperson doesn't have to be Austin Powers, although with his popularity right now (it's Mike Meyers really), you get the idea of how to get a fast start on name recognition. Loral did take to that idea on Powers-- or at least the need to get some good name recognition quickly.