Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeff Vayda who wrote (5156)	1/13/1999 2:08:00 PM
From: mmeggs	Respond to of 10852

IMHO, there are/were a lot of institutions that did not want LOR on their list of holdings when annual reports were sent out. Now that they can buy it again, they want a piece of the action. Is there a more diversified, across-the-board satellite play than Loral? Throw in Bernie's reputation, though now slightly tarnished, and it looks good. BTW, the latest Value Line price target is for 55-85 in the next 2-4 years. Notes in 1999 that the combined transponder leasing business should bring in twice as much money as last year. "These moves should boost already high margins since they leverage existing capacity at very low additional cost." Note backlog at $2.2 billion , $1.7 billion in projected sat manufacturing revenue, and a higher-than-average rate of incoming orders. mmeggs

To: Jeff Vayda who wrote (5156)	1/13/1999 2:16:00 PM
From: djane	Read Replies (1) \| Respond to of 10852

briefing.com. Loral Space & Communications (LOR) 19 3/4 -3/16: CS First Boston initiates coverage of satellite manufacturer and service provider with "buy" and a price target of $24; company building network that should entrench LOR as an integral component of the global communications infrastructure; 1999 should be a big year for company as margin expansion should coincide with value creating acquisitions and strategic investments.....