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


To: Rocket Scientist who wrote (6700)8/24/1999 1:26:00 PM
From: Valueman  Read Replies (1) | Respond to of 10852
 
I thought the same thing, but will have to recheck.

I doubt LMT would want G* shares when they sold their previous stake in G*, own a piece of Iridium, plus will compete with G* with their own service(ACES).

Those watching trading will note that the seller is gone, and a buyer is here. The buyer is willing to purchase a lot of shares. There are no large blocks on the ask after the one this morning. Result? Stock goes higher.