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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: arnold silver who wrote (3735)	8/12/2003 6:42:19 PM
From: Patentlawmeister	Respond to of 37387

Well, on ATS it may have been a little too soon to throw in the towel judging by the action of the past three days; it appears the 7 day downtrend was a shake-out to get weak hands to sell. We'll see what the story is in about another month when the mid-year report comes out.

To: arnold silver who wrote (3735)	8/13/2003 10:08:29 AM
From: Crossy	Read Replies (1) \| Respond to of 37387

Arnold, on ATS - I honestly think you sold too early. Fact is there is OVERCAPACITY in satellite construction. Part of LOR's problem. Now if they can't deliver, ATS can turn somewhere else - it would get cheaper to them. However right now it looks like this will be totally unaffected. They haven't even paid Loral for this.. I think many investors panicked out. Supplier bankruptcy is not such a problem as customer bk, especialyl if the custormer is owing you a large amount of money.. rgrds CROSSY