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


To: donss who wrote (4295)8/20/1998 12:14:00 PM
From: Valueman  Read Replies (1) | Respond to of 10852
 
<<Any speculation on what's been driving LOR and GSTRF prices down in the last 2 days?>>

Let's see.....a general lack of interest, cloudy financials out of Loral and the resulting suspicions of "what else aren't they telling us about?", delays in G* launch, Iridium's successful launch, delay of Telstar 7+ Orion3, realization that Orion 2 will require additional funding from Loral, no wins for SS/L as of late, G* commercial launch date being a constantly moving target, 6 million more shares issued for employee stock plan, doubt amongst Wall Street that LOR will make numbers for 98......