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


To: llwk7051@aol.com who wrote (7454)3/9/2000 10:09:00 AM
From: Rob C.  Respond to of 10852
 
RESEACH ALERT - Globalstar, NEXTLINK, Loral cut
NEW YORK, March 9 (Reuters) - CIBC World Markets said it
cut its ratings on three telecommunications companies,
downgrading Globalstar Telecommunications Ltd. <GSTRF.O> to
hold from buy and its 18-month price target to $15 from $32 a
share, a market source said on Thursday.
-- CIBC cut NEXTLINK Communications Inc. <NXLK.O> to buy
from strong buy, source said.
-- Loral Space & Communications Ltd <LOR.N> lowered to hold
from buy, source said. Further details not immediately
available.
-- Globalstar down 1-1/16 at 19-5/8, Loral closed at
12-7/16, NEXTLINK down 3-3/16 to 106-3/4.

REUTERS
Rtr 09:44 03-09-00

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