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

To: dougjn who wrote (2759)	4/27/1998 7:08:00 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 10852

LOR held up pretty well, but VSAT got massacred on really low volume. I guess the main difference is the size of the float, since VSAT has outstanding long term prospects. Who knows, we might soon retest the Dec. lows. Might be worth shifting some money into it if this doomsday scenario occurs.

To: dougjn who wrote (2759)	4/28/1998 5:58:00 AM
From: Thomas	Respond to of 10852

Doug, the up-tick in interest rates should hurt G* much more than LOR. At least LOR has some earnings. The cloudy interest rate picture was the only factor that held me back from buying some more GSTRF options on this dip, i.e. prospects for higher interest rates reduce the PV of G* cash flows which are so far in the future. Still a very nice long term play, but tough to play short term trading strategies in this turbulent market with an uncertain interest rate outlook. Cheers, Thomas