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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (3076)7/15/1999 10:40:00 PM
From: Mao II  Respond to of 12663
 
f: Addendum to LOR post. There is also the China spy issue which has ensnared LOR and may weigh it down a bit in the short term. M2



To: Mao II who wrote (3076)7/16/1999
From: fooledalot  Respond to of 12663
 
M2,

I think there is absolutely NO doubt there is no comparison between LOR and IRID. Fundamentally, I have liked this for some time and hold in an IRA account. The stock traded as high as 30, I believe, late last year before a payload of satellites on a China Long March exploded during the launch & made it tank. Then all of the publicity with the "leak" of U.S. technical info, the subsequent Congressional investigation and continued doubt as to whether they could return to their launch schedule has kept the price depressed.

My concern and question basically stems from my inexperience with charts, but it appears, from my limited knowledge, that yesterday's and today's price movement and volume were quite significant and may be signaling a run back to 28ish.

If so, it may also be a quick opp for 20-30%. Does that make sense to you??

Thanks.

f