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


To: Valueman who wrote (4863)11/15/1998 5:46:00 PM
From: Dragonfly  Read Replies (1) | Respond to of 10852
 


Hello All!

Dragonfly here is still on the road, enjoying month after month of relaxing vacation. While I've been gone, I've taken a bath in my Loral LEAPs and now I notice people talking about acquisition!

Did I miss something, or is the loss of 12 G* sats at once enough to bring down the mighty Loral? I have been figuring the prices are low because the market is down, and Loral doesn't have really solid earnings to hold it against the storm... Product delays and low stock prices are to be expected in a long term investment in a development stage company.

The only situation where I could see an acquisition in this light is if Mr. S is needing to retire or is having health problems. But then, I've been so far out of the loop I haven't been near a phone most of the time. (Sure would have bought a G* phone for this trip!)

So please, tell me if there is something fundamental that has gone wrong with our company?

Dragonfly