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

To: Larry L who wrote (4669)	9/30/1998 5:53:00 PM
From: dougjn	Read Replies (2) \| Respond to of 10852

Anyone who has been paying attention knows that each of the concerns I raise about Iridf is deeply rooted in fact. I have long experience with you, and you do not motivate me to do any work whatsoever to rebut you. I'm in neither I, G, nor Lor. I got out of all Lor and G* at vastly higher prices, for a net profit, and then made a small bet on G* on a good launch, and suffered about 15% from my buy in on the wrong speculation, on a small amount. I definitely plan to re-enter Lor and Gstrf when the time is right. Iridf I have long thought would not make it. In this environment, even less so. G* suffered a statistically possible, very unfortunately timed, very bad launch event. Their business model remain much more viable's than I's. The only nix would be if they can't finance completion. I regard that as extremely unlikely. I regard G equity dilution as likely. It's part of why I'm waiting. Doug