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

To: donss who wrote (4584)	9/16/1998 9:09:00 PM
From: zebraspot	Respond to of 10852

I recall Schwartz saying this past Spring (or so) that Loral would love to own much more of G*. (this was just before LOR upped its stake to 42%) Will be interesting to see if he now takes the opportunity to follow through on this.

To: donss who wrote (4584)	9/17/1998 7:20:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

donss: wrt Loral stock increase yesterday, Bloomberg reported a $6.06 mil outflow in the stock. Inflows and outflows represent the difference between the value of trades made at a higher price than the previous trade and those made at a lower price. Not a very clear explanation to me. Inflows: (I would take as a Loral positive) the diff of trades; current price higher than previous. Outflows: lower price current than previous. 'The value of trades' must be the attempt to account for the volume over some period. Loral has seen 37mil shares traded in the past 5 trading days. The stock has gone from 19 to 13 and then yesterday's bounce up. Depending on the time period Bloomberg is using, I would have not problem with a negative spin on the 'flows' as 21 mil of those shares went on the day Loral went from 19 to 13. But in this business you are only as good as your last launch. Lets keep putting Loral sats up, even if they are not expressly for Loral's use. Jeff Vayda