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


To: Robert G. Brown who wrote (4215)8/10/1998 4:51:00 PM
From: Geoff  Read Replies (1) | Respond to of 10852
 
Shh, you'll scare people if you let them know about the Y70 bug. It was a by-product of all that polyester.

Another down day, but LOR held up fairly well, only down 1/8 at the close. Due to my first endeavor into margin trading, I have decided to minimize my margin exposure, therefore I still lie in wait to buy more LOR and GSTRF. Though, I must admit, GSTRF seems to be a more attractive buy at this time. Maybe I should go out and buy some more of each on margin since I expect to cover fully within 2 weeks anyway. I just don't like the idea of borrowing money to invest in stocks, it doesn't make me very confident.

But if many investors are buying on margin, I would take that as a bullish sign, which may end up being a contrary indicator, though I am not well-versed in margin analyses.

Again, thank everyone for the kind words on the FAQ.

geoff