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

To: Gegs who wrote (4563)	9/16/1998 12:33:00 AM
From: Geoff	Read Replies (3) \| Respond to of 10852

I was looking at LOR's latest financials and noticed that it has about $876 MM in cash, and a current profit margin of about 5.4%. There are better uses for that cash than covering G's bills, but I'm sure that the street thinks LOR will end up using a good chunk of that cash for G. Unfortunately, that cash should really be aimed at further acquisitions. But all this is really pointless discussion, isn't it? All we can do is sit back and hope that the next launches are successes. I sit patiently and await those launches, and will not be buying in the meantime until LOR/G* proves they can get the birds up. long on LOR, geoff