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: dougjn who wrote (1605)12/17/1997 4:18:00 PM
From: Valueman  Respond to of 10852
 
Doug:

I don't think the fall is specific to G*. The same fate befell Iridium, Gilat, PanAmSat, ViaSat, Echostar, Orbit/FR, APT--the whole satellite sector has been sold-off this week. How that happens all at once, I haven't a clue. The only one bucking the trend is GM Hughes, but their reorganization/spin-off is about to occur so interest there is high.



To: dougjn who wrote (1605)12/17/1997 8:58:00 PM
From: brian h  Respond to of 10852
 
Doug,

GSTRF has been acting properly since its IPO days. When there is no buyer or less buyers than sellers, it will drop a few points and stop. But when it moves (I means buyers start to come in), it moves up so fast (I means 3 or 4 points in a day). It only takes a few trading days to move up 20 points. That is my humble experience so far. It is a buy and waiting for its time to move stock. You can never tell how it is going to behave.

Good luck on our long term investments here.

Brian H.