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

To: BANCHEE who wrote (25395)	5/5/2000 1:45:00 PM
From: American Spirit	Respond to of 57584

Back in AMsterdam. On LOR, looks like it will hold the 8 3/4 area which means its a buy now. Per an article I read recently LOR is now valued at less than the companys worth even if Globalstar were to go out of business and be worthless, which probably wont happen. Their new internet anywhere program means big big future growth. I didnt sell at 10 1/2 (though it would have been a good trade) and am expecting much higher prices. Dont know when. But who ever does?

To: BANCHEE who wrote (25395)	5/5/2000 2:49:00 PM
From: avanti77	Respond to of 57584

This I'm holding to see how the story unravels. Same here Banchee. Minimal downside risk, trading right near their book value. I suspect they could be an extremely attractive takeover target at this level. I remember last summer when ELON was stuck in the 6 - 8 range and the CEO bought 50,000 shares. It was only about 6-8 weeks after that when the stock price really began to move. The insiders usually don't buy the "falling knife" unless the worst is over, and they see (know) better days are coming. 15 by the end of the summer, would suit me just fine. Thanks for your reply, and for me reminding me that it was American Spirit who was the poster that brought LOR to my attention again. Donna