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

To: Mr. Adrenaline who wrote (3511)	5/29/1998 10:19:00 PM
From: Maurice Winn	Respond to of 10852

Mr A, anytime I KNOW from direct experience the facts surrounding a media event, the reported facts are wrong. Often to the extent of defeating the whole purpose of the reporting. For example, a photo of Mr Smith, who they call Mr Jones. Welcome to the Wide-Awake club. Naive people lift their opinions directly from media or their friends. Of course that makes for opportunities - for example, Qualcomm becomes a great buy based on credulous people selling out. But unfortunately, the silly beliefs cause more mayhem than the benefit I get from buying the gap between reality and the reporting. For example, I might buy Loral because of the false belief in the evilness of China and Bernie Schwartz and the President of the USA. Unfortunately, the false beliefs might lead to an all out nuking of China, India and Pakistan, [what the heck, Iraq and New Zealand too - NZ has been naughty lately and promoted free trade against the wishes of the USA = here comes Janet Bloody Reno!!], which won't do wonders for my WLL sales or Globalstar prospects. Good lecture Surfer M on "where there's smoke there's not necessarily fire". A smokescreen is made of smoke for a start. Maurice PS: "...anytime I KNOW from direct experience the facts surrounding a media event, the reported facts are wrong. Often to the extent of defeating the whole purpose of the reporting." Okay, I admit it, I exaggerated, I should have said "sometimes" or "frequently" or maybe even "often" but the Web is MEDIA after all. So call me a journalist living in a glass house calling the kettle black. [Speak of the devil... one minute before I post this, David threw the first stone and called you a black pot. So here we all are, guilty together. Which at least should give us some sympathy for journalists up against deadlines and desperate for a story.]

To: Mr. Adrenaline who wrote (3511)	5/29/1998 10:29:00 PM
From: Sawtooth	Respond to of 10852

<<They interviewed myself and a few of colleagues. Later that night, I watched in amazement as I saw myself on the 10 o'clock news say something I never said. I was watching myself, with my mouth flapping, hearing my voice say something that was utter BS. What had happened was that took what I said out of context. Now most people would never know the difference, but anyone who knew the basic laws of physics must of thought I was a fool. I remember thinking at the time that the media was never really interested in presenting the facts as they were in just presenting a story. This Loral incident has just put an exclamation point on that fact.>> Speaking as someone who has on several occasions stumbled out to get the local morning paper at 5:45 AM without the benefit of that first cup of coffee, only to open the paper to the result of a 30 minute presentation reduced to four or five sentences crafted from snips and combinations of the whole, your point is very well made, Mr. A. I do give the journalists the benefit of the doubt and conclude that their motives are pure. Still, while over time one's skin thickens, you never forget the feeling. And I never do it without that first cuppa' anymore! ; ) 'nuff said! ...Tim

To: Mr. Adrenaline who wrote (3511)	5/30/1998 1:09:00 PM
From: Texas77	Read Replies (1) \| Respond to of 10852

I would like to state an observation that I made last Sunday morning while watching Schwartz on one of the morning news programs. I'm a staunch conservative so I really hate to come to his defense but I was impressed with him that day. It did seem that everytime he corrected the news media about misrepresented facts - they made the same mistakes again shortly after and he would have to correct them again. They did seem dead set on their own views and didn't seem much interested in hearing it any way but the way their script was already written. I did pick up a couple K of LOR this past week though, because I was impressed with the way the guy stood up to be counted and it seems he is still answering all questions. If he had anything to hide he wouldn't be accepting all of these interviews - he would simply be silent. Like Clinton does. I think LOR is a very good risk at these levels and I probably pick up some more once the market recovers from it's current flu symptoms. Hopefully we get a rally next week.