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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (24833)	4/27/2000 3:00:00 PM
From: American Spirit	Respond to of 57584

LOR has had so much bearish sentiment on it for so long it's having a slow time moving upward, but as the sceptics and weak hnds get out all this new money today ought to keep it going higher. The internet in the sky thing is real and big re profits. Soon every major jetliner will have internet in the sky. And they'll be using LOR antennae and satellites for broadcast. They could also broadcaston-demand movies in the air. Very profitable. And forget about those GTE phones on the seats, LOR should make a gbetter product soon hooking into Globalstar so you can call almost anywhere in the world from the sky. And think of the high rates they'll be able to charge. In a wireless world the internet will be delivered via satellites. MSFT was interested in partnering or buying LOR at one point and actually annonced their interest. That deal hasn't happened yet. LOR also big in defence, telephony and foreign. Rules satellite industry in many major foreign countries including Mexico, China, etc. Hard to turn around my perception on LOR as it was my biggest loser this month. Averaging 12 1/2 I doubled down at 7 3/4 so now 10 1/2 gets me back to even. Now I'm thinking about actually making a nice profit on this baby. No reason it can't go back to 13-14 anyway. And any more good news should sent it spiking. I also consider LOR a takeover target but who knows? Try and catch ANF at the bottom today at 10 1/8 or so. Very stupid downgrade today with PE at 8. That's for a 20-30% earner with no debt and a great hot clothing line. I visited a store the other night and it was doing brisk business. Retailers are just being dumped on today, but fundamentally it's ridiculous. COMS, MSFT and UIS are others I still like in this range. Anyone got an opinion on PSIX. That got my attention today for the first time. Or how about NOVL? FATB looks at rock bottom of 5 here.