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

To: Valueman who wrote (4095)	8/2/1998 2:35:00 PM
From: Slick	Read Replies (5) \| Respond to of 10852

Dear Lor investors: As stated before, your summer of hopes will be brief. Beware the chill-winds that cometh. Thank God I'm out of LOR! Thank God I took my profit! The anxiety level surrounding the entire sector, not to mention the market as a whole, is extraordinary! Even good old-fashioned Iridium is fighting off the barbarians at the gate, struggling to get operational before the debt-collectors come a-knocking. Certainly not an auspicious beginning for global satcomm telephony let alone anything fancier. The long, long march to an operational G* will provide a wild-ride for LOR and GSTRF stock. I predict that stock price will plunge yet again and may only recover in 2000 or so. Last month I predicted it would not recover this year's high. Too much doubt, concern and negativism over the fate of large satellite nets, the Zenit, the impending meteor shower, Asia, global demand, and the race against the clock of mounting debt. The question for me was simply this: can I tolerate that level of pain? The answer was plain. Happy investing......Slick