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


To: Slick who wrote (4113)8/5/1998 5:07:00 PM
From: Robert G. Brown  Respond to of 10852
 
Slick -

Are you trying to make yourself feel good about your decision to sell?
After you attain your short-term satisfaction, remember to come back in a year or two and tell us all what a wise decision you made!



To: Slick who wrote (4113)8/5/1998 5:23:00 PM
From: Snake  Respond to of 10852
 
Ah, grand experiments and questionable earnings projections, thanks. 10 years ago, would you have classified Intel or Microsoft in the same light? How about Apple? Innovation is all about doing new things and changing the paradigm. Innovative companies will also be volatile companies. Sometimes they will fail to execute or innovate fast enough as Apple did. That is the risk here, that Loral will fail to execute or totally misjudged the demand for the services it will sell.

As for your prediction, pat yourself on the back. I sure have since I bought my shares at $11-$12 and I am no prophet. If Loral executes, the earnings will be there, if not you can pat yourself on the back more for calling a decline in the price when the market in general has gone down.