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

To: SKIP PAUL who wrote (7171)1/3/2000 7:31:00 PM
From: Rocket Scientist  Read Replies (2) | Respond to of 10852
 
Loral's owns 43% of GLP, which has a market cap (based on the price of GSTRF stock) of something over 83M*47/.35=11B$

11B*.43/290M=16$ per Loral share.



To: SKIP PAUL who wrote (7171)1/3/2000 7:37:00 PM
From: Guy Gadois  Respond to of 10852
 
Thanks for the correction. Unfortunately LOR's debt and number of shares outstanding are keeping the stock down once one factors in the Globalstar LP position.

jon


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