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To: craig crawford who wrote (5037)1/29/1998 6:01:00 PM
From: David Pawlak  Read Replies (1) | Respond to of 10479
 
Craig- Loral could have spent a year doing due dillegence and would not have been able to forecast the Asia turmoil. Apparently, they did enough due dilligence and felt confident enough in ABCN that they just about completed the satellites (derived from LOR saying they intended on delivery in Q2 and Q4).

My tone and expectations regarding ABCN have changed dramatically over the past 6 months as the Asian turmoil has evolved, and I suspect, judging by the stock price, that others' expectations during that time frame have too. Go back to my post 4994 and 5001 from today and yesterday, and you will see that sentiment reflected.