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

To: JustInTime who wrote (45583)	1/16/2001 1:45:45 PM
From: American Spirit	Respond to of 57584

LOR - watch this rat dog longer term. Globalstar which it half owns has suspended debt payments. LOR is writing that loss off. Now that this has happened (the next to last shoe to drop) the bad news has literally been priced in. Meanwhile I have heard estimates valueing LOR's satellite fleet aboive $10 per share. Just put it on your watch list and try to catch it at the bottom. Insiders have been buying since November. This is a recovery play which longterm at least will be worth several times your money. Boeing begins soon using LOR's internet in the sky devices for which they will charge $25 an hour. Wireless Internet anywhere actually. That is the future of LOR. Buying under $5 should prove very profitable at least in the years to come. The bottom is probably $4. now at 4 3/4