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: Valueman who wrote (5676)	4/3/1999 11:55:00 AM
From: Rocket Scientist	Read Replies (1) \| Respond to of 10852

I agree with your post, VMan, except for the last sentence. Sure, Loral at 2X today's prices would be a great deal for the purchaser. But not for the seller (today's shareholders.) Why would I sell at 30 today, if I believe the stock will generate EPS to justify prices of 50-100 within 2-3 years. I'm in favor of anything that makes a hostile takeover more difficult (although, IMHO, it's very unlikely even without the "poison pill"--Loral is such a complex entity from financial and regulatory perspectives, it's difficult to see how it could be acquired w/o Mgmt's support.) Let 'em try, though; it would be nice to see a little bidding war; maybe the price would get up to a point that I'd consider attractive (60-70 maybe?) Regards, RS

To: Valueman who wrote (5676)	4/5/1999 11:50:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Vman: Yes the company looks like a very good buy for those who wish to expand into the satellite information delivery segment. Agreed many companies seem to be large enough and positioned such that the street would view this as a positive. So why haven't any come to the top? Loral has been in the tank for a many months. IMO the reason is similar to another stock. Qualcomm. I was very pleasantly surprised at the strength of the rally on the Eric agreement. I had never thought that the street was so heavily off the stock as to double it (+/-) in a month. I thought many people would have rather been 'in' the stock than miss the run up. But it seems that the powers that be believed there was plenty of time to get in once the news was good, no need to have funds sitting there doing nothing. I think Loral is in the exact same boat. Once the Globalstar money opens the door, there will be quite the push to get in. Perhaps just at the point where there will be no stopping G, we will see a bigger fish come along and grab Loral. I would think that it must be before the first G subscriber counts start to come out. A big fish would not want to be embarrassed and bite off more than it could chew or to offer a small premium after a big run up. That would put the window of opportunity to the end of this fiscal year. This means that I now have to hold my breath that the service starts on time; that there are enough people out there to make it a go; and that Loral can lurk in the shadows long enough to ward off the big fish. Here is to a successful launch tonight. Jeff Vayda

To: Valueman who wrote (5676)	4/5/1999 10:11:00 PM
From: Dragonfly	Read Replies (2) \| Respond to of 10852

Valueman- As a partial owner of this company, I feel that the value of my shares will grow faster with BS at the helm and the current management team than it would if LOR weere acquired. Maybe Alcatel would grow it as fast but an acquisition by T or someone like that would make me concerned. This is why I'm not excited at the possibility of an acquisition. LOR is a pure sat play now, but after being bought its gets intermixed with all the acquirers other assets and if sats aren't the acquirers core focus, it wouldn't be good. For instance, wasn't it the right move for T to sell Skynet in the first place? Dragonfly