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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: deeno who wrote (2582)9/10/1998 6:01:00 PM
From: Phil(bullrider)  Read Replies (1) | Respond to of 4634
 
deeno,

>>>>>>>>>>>>>>>>

Iridium?

Or globalstar? traded LOR from time to time why are you a bull now?

>>>>>>>>>>>>>>>>>

One question at a time.

I thought I heard on the radio when my wife was getting ready for work this morning that Iridium was being delayed due to technical problems. It may have been Globalstar.

Anyhow, LOR is an investor in both the projects, unless I am misreading my information.

I believe that satellite communications are the "wave" of the future, and therefore believe LOR to be a sound investment.

Now, I am not a bull "now", I have always been a bull, hence my handle. I only recently began "running with the bears". And I can sincerely say I am glad. Were it not for the few short positions I hold, I would be in much worse shape than I am in.

Since you say,"traded LOR from time to time", I take it you are a daytrader. I am not a daytrader. I don't need the stress. I do a little momentum trading and a little market timing, but I leave daytrading to the people that have more time to sit in front of the computer than I do.

Have fun,
Phil