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


To: Timothy R. Tierney who wrote (4106)8/3/1998 11:17:00 PM
From: Slick  Read Replies (1) | Respond to of 10852
 
Investors seem to be rushing for the doors on LOR and G*. As predicted. I don't think it's a correction. I think it's a bear. (Ahhhhh cash is king!). In this market climate there is precious little tolerance for anxiety concerning the feasibility of core enterprises within a company. Plus there is Iridium-drag and Chinagate-slump and Zenit-o-phobia. What once looked like a sexy concept is looking increasingly like a high-wire act as viewed by the Street. Next price-support breakthrough= 25.

Happy investing.....Slick