SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: ccryder who wrote (2561)4/9/1998 11:56:00 AM
From: Geoff  Read Replies (1) | Respond to of 10852
 
IMO, the run up is mainly due to the flood of press releases being pumped out by Cyberstar. It appears to me that C*, and Loral for that matter, is aware that creating a brand identity is VERY important in today's marketplace. The constant barrage of new partnership announcements, especially with the heavy duty partners that LOR has apparently signed on for C*, must be giving many investors a new sense of confidence of LOR's business plan. IMO, a lot of people wanted to see if there were really going to be other companies, terrestrial ones, that were going to spend big bucks on R&D for these "Internet's in the Sky."

Well, it looks like the big boys of technology are willing to gamble on the satellite solution to bandwidth, and when the big boys back it, Wall Street pays attention.

To infinity and beyond...

geoff