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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (8630)1/29/2003 3:25:53 PM
From: Bill Wexler  Read Replies (3) | Respond to of 10293
 
Loral Space & Communications (LOR)....strong buy

Here's another great turnaround play. The stench of Globalstar is quickly receding and Bernie Schwartz has been busy buying tons of shares. I like Bernie. He's definitely a promoter, but he does it the right way (i.e. by talking up his vision and technology, not by playing games with the stock).

Also call it a gut feeling. I just think there's a lot of value here. Naturally, there's also risk...but despite the atrocious state of the current financials, I don't think there's imminent danger of implosion.

I'm betting this stock is going much, much higher.