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


To: donss who wrote (5911)4/30/1999 11:06:00 AM
From: defendall  Read Replies (2) | Respond to of 10852
 
There has been an overhang in the stock because of selling by a major holder of the stock and those wanting to buy in have been waiting for the conclusion of the methodical selling,not wanting to finance their out. We will find out eventually who it was.(i.e.Soros,Fidelity or Lockheed Martin)



To: donss who wrote (5911)4/30/1999 11:14:00 AM
From: Jeff Vayda  Respond to of 10852
 
donss:

It would appear that not only do I not have any secrets from this thread, but it appears I have no secrets from Loral/G*/Qualcomm either.

Last time I disclosed a buy intent, Qualcomm took off from 125 (bobbing over 200 today). In my attempt to be magnanimous, I offered to take payment from those on the thread so that we all should profit from my actions. (They from the price movement and me from their payments) Alas no one chose to take me up on my offer.

I had attempted to not disclose my pending buy of Loral, but the ether has caught on and Loral moves higher.

Now I know the pressure that the other 'Market Movers' contend with everyday. Hey Alan G, we should do lunch sometime and compare how it is to carry the weight of the world on one's shoulders. It is lonely indeed.

Jeff Vayda



To: donss who wrote (5911)4/30/1999 12:01:00 PM
From: SafetyAgentMan  Respond to of 10852
 
Since there is very little new money coming into the market now, I suspect the move into Loral today is a rotational value play along with ORB shareholders who sold this week, but wanted to stay in the SAT sector.



To: donss who wrote (5911)4/30/1999 12:03:00 PM
From: Valueman  Read Replies (2) | Respond to of 10852
 
Here's the reason:


April 30, 1999

- LORAL IN POTENTIAL VENTURE WITH LIBERTY, NEWS, GENERAL INSTRUMENT
- LIBERTY POTENTIAL PURCHASER OF LOCKHEED OWNED LORAL SHARES
- LORAL DENIES THE DEAL