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

To: Thomas who wrote (4379)	8/28/1998 11:41:00 AM
From: Geoff	Read Replies (1) \| Respond to of 10852

Did we just break 18 or was that a bad tick? My oh my, we are near my average purchase price of 16 and change. If we move any lower I think I may be forced to pick some up, this is really disturbing, actually, to hell with the shares, I will buy 2001s!

To: Thomas who wrote (4379)	8/28/1998 1:40:00 PM
From: Geoff	Read Replies (1) \| Respond to of 10852

This silence is killing me. All 7 of my bookmarked threads here on SI have no new posts. Well, for those that still care, here are some encouraging words from Readware... Also, plan on a special section of the FAQ focusing on this tremendous fall from grace... =================== Subject: Re: Time to buy? Date: Thu, Aug 27, 1998 19:00 EDT From: Readware Message-id: <1998082723002400.TAA20269@ladder03.news.aol.com> The fundamentals of LOR have changed-- it is a stronger company businesswise today than it was six months ago, when its share price was higher. (Intraday this year from top to bottom, the stock price was cut 47% as of today). One would think as the company moved closer towards execution of its business plan the stock would move similarly. Instead, it has reversed in this period of white-knucled fear and shadowed dread. These investment climates are not new. The script is the same, just the names of the participants are different. In the past 20 years alone you have had the Silver Crisis, the oil price shock crisis, the 1987 crash, the Mexico debt crisis, the October crash of last year, and so on. Reason and detachment, however, are not unguents to those who have lost money in Loral or Globalstar. So need to go on further. If the satellites for launching in the Loral business plan reach orbit successfully and in a timely way, and there is good reason based on its past performance to believe that SSL should be able to execute successful launches, the share price will go back up as service revenues are seen by Wall Street. There has been no real change in the demand for the services Loral's broadband plans are designed to meet.