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

To: Jeff Vayda who wrote (5386)	2/24/1999 12:06:00 PM
From: jopawa	Read Replies (1) \| Respond to of 10852

Jeff, Been sitting on 500 @ 12 1/4 LOR since last Oct, obviously you are more knowledgeable than I about the biz, so answer this for me. Given the recent weakness in GSTRF IRIDF and LOR, where would you put more money? Would you wait, buy more LOR at this level, or would you go with the others. Thanks John

To: Jeff Vayda who wrote (5386)	2/24/1999 12:14:00 PM
From: Ok2Launch	Respond to of 10852

Loral don't get no respect . . . Loral has been getting a double whammy from the negative publicity about Iridium, and the longer term issues raised by the recent ban on the Hughes sale to China. Aviation Week reports that the State Dept. does not have the personnel to handle their new licensing responsibilities, and hasn't even started to hire anyone. That, together with a new requirement to run any reviews by some congressional committee makes industry experts think that export licence approvals may take as long as one year. The europeans may scoop up a lot of the business. This seems to have soured interest in the satcom industry for institutional investors. When you look at company specifics, however, things are firing on all cylinders for Loral, with three successful launches in a row, and a full plate to come in short order. Loral has all the necessary license approvals for this year's launches. In 1999 Loral will place an enormous amount of income producing assets in orbit, and there is just no way this stock can continue to languish as plans become reality. On another subject, Av Week also reports that Telstar 6 is currently undergoing testing, and is scheduled to be placed in service in late March.

To: Jeff Vayda who wrote (5386)	2/24/1999 4:02:00 PM
From: Nancy Haft	Respond to of 10852

Jeff, I also called to listen to the Globalstar replay on Tuesday morning and was told that it was no longer available. Drat. Thanks to those who posted their notes. Hmmmmm. I thought calls were usually available for at least three days, but since I don't know the exact date of the call itself maybe three days had expired. Then again, maybe the number of replay days available varies from call center to call center or is something a company can specify or . . . speculation is endless. I think the drop in price is shorter term money moving elsewhere.