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

To: JMD who wrote (4108)	8/4/1998 12:57:00 PM
From: Geoff	Read Replies (2) \| Respond to of 10852

LEAPS. Wow! Has anyone been looking at those LEAPS lately? My God are they taking a beating. I'm only a point away from break-even on the LOR LEAPS I own, after refusing to sell back at 10 and change earlier this year. This market definitely looks like it has caught the asian flu. I am patiently waiting now, with no further purchases except my DRPs, for this market to calm down. LOR has taken a bit of a pounding as of late, which tempts me to buy more, but without any real earnings yet, I will have to pass on this sell-off for now. Plus, I have already taken some new positions early in this sell-off that wiped out my cash reserve earmarked for investing. Anyone buying at this point, or is everyone sitting on the sideline for this sell-off? I figure that LOR will rebound once the G* launch is successful. Speaking of G, that one has been hammered even more than LOR. I am so tempted to buy more, but have no cash at the ready. I am already sitting on top of a sizable loss on G, and would love to add to that position at these low levels, but am not sure how low it will go at this time. later,geoff