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

To: Rocket Scientist who wrote (4742)	10/20/1998 9:22:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 10852

Don't tell me the insurer was Ukrainian.. Concerning raking Readware over the coals, I think that Bernie Schwartz has better get busy if he does not want to suffer the same fate at the yearly stockholders meeting next March.

To: Rocket Scientist who wrote (4742)	10/20/1998 9:57:00 PM
From: Sawtooth	Respond to of 10852

<<Any cogent reasons given for "pessimism about the likelihood of seeing any insurance proceeds?">> RS: Only that there was speculation (perhaps earlier posts at Motely gave evidence; I only scanned the last three days worth) that Lor mgmt was somewhat of a "go for the low bidder"-type crew and went with an inexpensive "Russian" insurer. Consequently, if true, the chance of a payout was unlikely. This could be quashed, of course, by determining who the insurer is and if they are sound. Perhaps you know, or it may have been previously posted. I don't recall the issue (claim payout at risk) being mentioned here; although, with everything that's been happening lately, many details are somewhat of a blur. Regards.