Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: brian h who wrote (2871)	5/7/1998 9:27:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 10852

LORAL issues earnings: EPS= -$.11 biz.yahoo.com

To: brian h who wrote (2871)	5/7/1998 11:49:00 AM
From: Ramsey Su	Respond to of 10852

Brian, this is amazing, not that LOR is drifting down but the trade volume is not consistent with whats typical on earnings release. No one on the street is watching LOR? Korea is in sad shape. Samsung (I think yesterday) announced that they are going to be selling non-core businesses to reduce debt and concentrate on what they know best. Other Korean Inc. are sure to follow. Looks like there is going to be a fire sale in Korea soon. Unfortunately, if the layoffs continue and workers start making global headlines in the streets, it may scare foreign investors. Wonder what the likes of LOR, QCOM and INTC can pick up at the sale. Ramsey