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


To: Bernard Levy who wrote (4627)9/22/1998 2:37:00 PM
From: zebraspot  Respond to of 10852
 
Update on G* Plan: biz.yahoo.com



To: Bernard Levy who wrote (4627)9/22/1998 5:41:00 PM
From: RDH  Respond to of 10852
 
Candor is one of the first things to look at when evaluating the mangement of a company. If all the bad news has been factored in -- GREAT. But if managment has not been candid in the past, they may hold back information that is the shareholders right to know.

I do think a lot of the stock price reflects the current negative issues surrounding LOR. Hopefully, we will soon see some good things -- if not expect year end tax selling to further degrade the price.

- RDH.



To: Bernard Levy who wrote (4627)9/22/1998 8:49:00 PM
From: JMD  Read Replies (1) | Respond to of 10852
 
Hi Bernard, I take your points, and agree to some extent. Mr. Schwartz's "outsized" contributions certainly vaulted LOR and its shareholders well above the radar screen, and we have all suffered the fall-out. Although it is philisophical, rather than 'bottom line' business, I do wonder which is the purer position: a CEO who bets his heart versus one who makes contributions to both sides in order to play the odds? Regardless of whether one has Republican or Democratic leanings, is not the current morality play in Washington to some degree calling into question pragmatic partisanship versus 'old fashioned' commitment, viz. my country/party/values and to hell with the consequences?
NOW the $64 question, must a CEO defer to his shareholder constituency vis a vis his personal beliefs during his term of office? I feel certain that you will agree that this is a tough one at best.
Lest you think I am an uncritical LOR cheerleader, let me assure you that I have in the past been very upset with LOR's information dissemination, both with respect to timeliness and completeness--the GSTRF news release being only the most recent example. Furthermore, I have no doubt whatever that we share identical views with respect to the most urgent issue facing LOR/GSTRF now: demonstrate the ability to consistently get those damned birds in the air! There can simply be no greater priority facing the company.
Kind regards, Mike Doyle