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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: Valueman who wrote (1646)	1/1/1998 8:14:00 PM
From: ccryder	Read Replies (1) \| Respond to of 10852

I have noticed that the market overreacts in the positive direction as much as in the negative. As the company is successful in following its business plan, I think the stock price will appreciate a bit faster than the growth in EBITDA in the early years. Good businesses command a higher multiple. So I have tended to load up earlier than I have in other growth companies. Because of the tendency of the market to anticipate, the LEAPS are as nearly a gift as one can get in the stock market. Six months ago I said this on the AOL board: Most of the time I have to really work hard to find stocks to buy. Here in LOR I have a one handed to me. It's not a darling of Wall Street yet. Good grief. You have to wait a whole 5 years for 5X!!! Good luck in '98!