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

To: Ramsey Su who wrote (2885)	5/8/1998 1:35:00 PM
From: F. Foos	Read Replies (1) \| Respond to of 10852

Ramsey, What you are seeing in LOR's recent stock performance is indicative of the prevailing conditions of the general market, nothing specific to LOR. It is normal for the price of shares to vary, rest, retrace or whatever, after making a move up or down. Changes in stock price tend to be "bursty" in nature, not a constant rate of change. Loral was once in the defense industry, but it isn't what would be considered a defensive stock. There is no reason to expect that LOR wouldn't fully participate in all market gyrations. Frank