SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: Tahoetech who wrote (10084)7/15/2002 7:02:59 PM
From: SafetyAgentMan  Read Replies (2) | Respond to of 10852
 
>>>It will be his way or nothing. Essentially a scorched earth policy. <<<

good...I hope the ol bird stands stuff...


Now there a great attitude for the CEO of a public company. Don't want a minor thing like fiduciary responsibility to shareholders getting in the way.

show me Loral's cooked books and then I will be on YOUR side

No cooked books, just arrogance, ego and incompetence on the part of BLS. And you have to love his business ethics. Draws down on the credit facility with LMT on the last day then defaults on the repayment the next day. How would you feel about someone who took a maximum cash advance on their credit card with no intention of paying it back??

I spoke with a physician a while back who had a very large investment in Loral and Globalstar. He had the opportunity to sit down and speak with BLS in New Orleans during the kick off for Globalstar. After their conversation he sold all of his Loral and Globalstar and never looked back. He said BLS may be fine for watching the grandkids on Sunday afternoon, but you don't want him watching your money. He seriously questioned the man's competence.