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

To: dougjn who wrote (4551)	9/11/1998 11:53:00 PM
From: jim black	Read Replies (1) \| Respond to of 10852

To the Thread in general: I am puzzled. We have for so long heard the cheerleading regarding this company on this thread mixed in with the smattering pessimism. But we have all of us(make that most) given lip service to the risks of rocket science. We had a company do something stupid(haste-waste, all that we've all heard all our lives) which is to put TWELVE GD*** birds on one recently ex-communist bomb...blah, blah... What happened to Orion, CD Radio, Telstar, Cyberstar, more than a half billion in back orders, AND the jockey we are all betting on? For Godsakes, people!!! If it was a good buy at $20 or$25 or whatever then why is it not a good buy at 13?? And that bozo who said he'ed buy it at $6 on CNBC, well doesn't he just wish with me he could. I wonder if all those folks who say they are in it for the long haul are just whistling through an orifice somewhat caudal to their usual means of speech. I do wish I'd bought it all at 13. But I did buy some more because we all should be wise enough to not put all of our birds(or 12) in one nest. Jim Black

To: dougjn who wrote (4551)	9/13/1998 11:57:00 AM
From: Slick	Read Replies (1) \| Respond to of 10852

<<Long term big bull. Near and intermediate term out of here. Big damage takes a while to repair. Nearly always.Doug>> Doug: You are wise. Even the time-value of money is attractive when weighing the near-term risks of staying long G* or LOR. Sit tight in cash+interest, bond or a bear-market stock. The CNBC speaker last week merely reiterated what I have posted here: I'm a buyer at 6, maybe 8. Stocks can and do trough below a company's liquidation value (witness virtually the entire stock market of the early 80's). The bull-session is over. The only thing that will fly from now on is cash (read earnings or capital to invest with), of which G* and LOR are dearly short. Happy investing....Slick