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


To: Geoff who wrote (2140)3/9/1998 4:09:00 PM
From: Mr. Proofsheet  Respond to of 10852
 
Besides for the good earnings report I think Wall Street is also
taking notice. As they pull out of the computer stocks they have
to put it somewhere and IMHO they might not totally understand
the satellite business but they can understand an earnings report
and Loral's report pretty much shows the handwriting on the wall!!

Mr Proofsheet




To: Geoff who wrote (2140)3/9/1998 5:36:00 PM
From: ccryder  Read Replies (2) | Respond to of 10852
 
The positive earnings has enabled those institutions and funds that require positive earnings before they can buy the stock to now take up a position. I did not expect the positive numbers until 3rd quarter. That it took a sale of stock to do so doesn't matter. The bull in this stock is loose. Congratulations longs and options holders. Too late now for the shorts.