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

To: Dragonfly who wrote (2548)	4/8/1998 2:49:00 PM
From: Valueman	Respond to of 10852

Dragonfly: I have no idea how low VSAT might go. I think it all depends on if that large institutional holder is done selling! Seems that they dumped over 200,000 shares today, on top of those of the last few days. I know with enough pressure it can go as low as 10--that has been proven. I would be downright giddy at that point. Last time it did that, I put limit orders in at 10 5/8 and 10 3/4 at the very instant it hit 10, but neither were filled. I ended up paying 11 1/4. It is a tough stock to buy efficiently(or sell, for that matter). At this very moment, it is 15 3/8 bid, 15 7/8 ask. If you put in an order between the bid/ask, they will move it around and hose you. It is a stellar example of NASDAQ robbery.