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

To: Timothy R. Tierney who wrote (4376)	8/27/1998 5:46:00 PM
From: Jim Parkinson	Read Replies (1) \| Respond to of 10852

I agree it is a fire sale and wish I had more right now to invest but I refuse to go on margin. Both the DOW and NASDAQ broke support today and over 1,000 new lows on the DOW too. The has only happened one other time in the last 30 yrs or so when the lows hit shy of 1200 on the 10/27 crash. Who knows if this is the bottom or where the bottom is. I have got to believe G* & L* will recover soon with the Zenit. Let's hope that candle burns all the way down. I could sure use some encouraging words about the merits of being a long-term investor now.