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


To: yoda who wrote (6837)9/28/1999 7:06:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 10852
 
Yoda: Look at history, this stock will not stay
down here much longer.


I have been in Loral since day one. What particular 'history' are you referring to when you say the stock should rally? If you are commenting that we are finally getting some assets in space and we just may start to show some positive bottom line results, I would agree with you. However, nothing in Loral's past would lead me to think this is some technical level which will be bounced off resulting in a nice near term price rise.

Disclaimer: I dont believe in TA other than a mild correlation with herd mentality which can by default only be 'obvious' in retrospect.

Jeff Vayda