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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: djane who wrote (8076)10/27/1999 8:51:00 PM
From: djane  Respond to of 29987
 
ML report on LOR/G* (via LOR yahoo thread)


Top>Business & Finance>Investments>Sectors>Services>Communications Services> LOR (Loral Space/Communication)
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Merryl Lynch Analysis!!

by: loralrich
10/27/1999 7:36 pm EDT

Hello longs. Just got done reading 21/2 pages of Merryl's analysis after yesterday's earning's report:
Title- Strong Current Performance but G* Concerns Could Cause Near term Weakness
The preceding sums up the segment. Although leasing capacity has gone from 202 to 431 transponders due to Telstar 7 and
Orion 2, this brings in revenue possibilities of only 340 million more dollars. The bottom line is as one person said recently,
LOR = G*, at least in the near term. They then describe some recent glitches that have made investors nervous. Apparently,
has a handset shortfall, pricing issues, etc., all of which have been discussed at nauseum on this board. Merryl feels that once
G* shoes prfits, the stock will rise, but only give an end 2000 projection of a lousy 24 bucks a share. Overall I think this
sucks!!!

Message: 21185 of 21188. Posted as a reply to: Msg 21180
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