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

To: Valueman who wrote (2135)3/9/1998 3:51:00 PM
From: Snake  Read Replies (2) | Respond to of 10852
 
Loral sold its stake in K&F Industries (around 20% stake) during the year. Good company but not part of Loral's business plan. Its manufactures brakes for aircraft. Guess who owns the company though. One guess and his initials are BS.

Glad to see Loral still has $200+ million cash too.



To: Valueman who wrote (2135)3/9/1998 3:57:00 PM
From: Geoff  Read Replies (2) | Respond to of 10852
 
Wow, LOR is really skyrocketing now! The earnings seemed to have added fuel to the fire. So, this rally is likely due to 1) # of shares are set for ONSI acquisition and 2) LOR had good earnings.

OK, this sits better with me, but I can live with LOR going up for no reason also ;)

BTW, it looks like those Jan 2000 30s I bought a while back are almost in the money. Gotta love it!

geoff


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