Loral Slashes Forecasts, Shares Plunge

Reuters ^ | July 2, 2002 | Sinead Carew

[RightWhale]

The Loral of today is mainly builders of commsats. They are out of operations. There was talk a couple of weeks ago that someone would buy them out, perhaps it was Lockheed, I don't remember. In any case, none of the telecoms or aerospace are looking good for the next period of time. Boeing would eliminate one of their main competitors if they buy Loral.

[Grampa Dave]

Yeah and to all those who continued to work for him after they found out what he enabled the ChiComs to be able to do, may they suffer big time.

I just got an email from a lurker friend that I'm showing zero compassion for the innocent Loral workers who didn't make the decision to sell our secrets to the ChiComs.

I told my lurker friend that these workers were just like Judas. They have been receiving their pieces of silver for years after the Chinagate hearings. They are as guilty as Bernie for staying with this traitor. They may be worse as enablers.

[Grampa Dave]

When I hear "Don't Panic!" and the other worthless idiom, "Now is the Time to Buy!", I rush to the nearest wall and put my butt and billfold uptight against the wall to protect both of them. .

Then, I get the most deadly self defense weapon that is around to scare off these demons of evil idioms!

The only thing worse is "Trust Me, I'm your financial advisor!"

[Shermy]

Hope so.

HILLARY CLINTON -U. S. SENATOR- IS A KEY DEFENDENT IN LORAL SHAREHOLERS CASE ie. CHINAGATE (11/1/01)

[truthkeeper]

Couldn't happen to a nicer guy (Bernard Schwartz).

Goodness, you stole the exact words right from my keyboard. Heh-heh..

[Grampa Dave]

This comment: "given Loral's weary fundamental outlook on all fronts, we see no compelling near-term reasons to own Loral's stock in a market with little appetite for risk."

This comment sounds more like the Kiss of Death rather than the old days of ML where they would have put Lipstick on that Dying Pig, Loral, and tried to sell it to their dumb investors!

[TBall]

Still amazing to think that a $632,000 donation to the DNC was enough to buy dual use waivers for China. Man, Clinton sold us cheap.

[Iwo Jima]

"Judicial Watch isn't done with Loral and that is all I am going to say."

That's all you can say, seeing as how JW has never even gotten started with Loral. The mere filing of a lawsuit is meaningless, unless of the course the sole value of the lawsuit is to raise money from ignorant people, which is the only thing that JW is really good at.

[RightOnline]

Reap it, Bernie. We'll be thinking about all of that lovely rocket technology your pissant outfit provided to the ChiComms, thereby allowing them to have ICBM's targeted at (and capable of reaching) our West Coast.

What a d**k.

[Grampa Dave]

Psst Mud, I have some cheap shares of Loral and World Com to sell you.

They have the approval of Arthur Anderson and the Clintoons!

[Liz]

Your interpretive acronyms are so much more enlightening about Loral's business modus operandi.....LOL.

[Grampa Dave]

One of my friends is a CPA, a CFO (real one) and is online with their official link.

He sent this to me with a few adaptations!

I thought that you and others would like to share them with your friends.

[Liz]

The only thing worse (than Don't Panic) is "Trust Me, I'm your financial advisor!"

Oh, I dunno. I think "I never had sex with that women" is pretty much the sine qua non of lying-fool disclaimers.

[LarryLied]

I told you so

:-)

If it wasn't Loral, I would not cheer.But by now everyone who is in the stock is well aware of the ethics of the CEO.

[Dengar01]

Wasn't Linda Daschle a lobbyist for Loral?

[WakeUpChristian]

THE SECRET FILES OF JOHN HUANG

[SierraWasp]

Hay Grampa!

That there wuz purdy gud!!!

[backhoe]

what really happened re Loral sharing how to's to enable the ChiComs to target our cities with nuclear warheads.

Dave, this is one of the things that drove me half-crazy during "The Decade of Fraud(s)" in the nineties- America was sold down the river by the clintons and their pals in industry, the media, and entertainment- yet nobody seemed to care, or want to even talk about it.

I well remember Charlie Smith

-Softwar!--

on Mike Reagan's show detailing all the violations of national security. Bill Gertz & Kenneth Timmerman tried to point it out, over and over again. The Public just did not seem to care.

[Mudboy Slim]

"Psst Mud, I have some cheap shares of Loral and World Com to sell you."

Pssst Gramps...lemme talk with my girl LGE and I'll git back to ya...MUD

[anymouse]

A division of Loral (previously was Ford Aerospace) was bought by LockMart, but the government (read NASA) forced LockMart to divest that division to SAIC. That former Loral/LockMart/Ford Aerospace division of SAIC is responsible for NASA JSC's Safety, Reliability and Quality Assurance. Apparently there was some concern that they weren't independent enough with a LockMart badge to oversee LockMart programs. But in reality it just allowed SAIC to build up a whole new bureacracy at NASA under the shield of safety.