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Loral Space & Communications, Inc. Message Board

  • frijolestristes frijolestristes Jun 30, 2006 1:22 AM Flag

    Bernard Schwartz quote of the day

    "I have spent much time today on Globalstar's progress, not because it is our most important activity - it is not, but because investor concern about the timeliness of its success is in question and definitive data describing its progress are not yet available. This concern has acted as a depressant on Loral's stock price. This worry is extremely misplaced for two reasons: First, there is ample evidence that Globalstar's concept and execution are validated and, though perhaps slow in its initial market build-out, as service is expanded confidence in its success remains strong. Secondly, Loral has developed some of the most valuable and significant space resources. Loral, even without Globalstar, is one of the industry's most respected players. We believe that Loral's share price will soon reflect these values."

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    • Ask yourself these questions.

      Who decided to launch 12 Globalstar satellites in an experimental Russian Rocket (kaaaapowww! a big set back)?

      Who figured it was a good idea to let Globalstar �bleed money like a stuck pig� from the rest of the company?

      Who decided it would be better to get rid of government business and stick to commercial contracts only?

      Which former CFO retired and moved his family and golden parachute money to Australia, approximately one year before Loral went bankrupt?

      What company USED to make a quality product?

      Who decided to toss aside tried and true proven test methodology and replace it with pie in the sky methods without trying the new methods first?

      Who decided to ignore the advice of their own senior technologist and go with greenhorns to design their products?

      Who ran out their experienced engineers and technicians and held onto INCOMPETENT management?

      • 4 Replies to yp_bruce_scottsdale
      • Technology companies are too costly to run.

        Its not like exxon where one can retire with 600 million.

        "Who ran out their experienced engineers and technicians
        and held onto INCOMPETENT management?"

        Cheap management and cheap help, that how you run and
        business.

        Any accountant knows that.

        They also know the most important patent in the company
        if they know their worth.

        "INCOMPETENT management" don't get into that, but thats
        how you get your way, along with ridding the company
        of "experienced engineers and technicians" .

      • What are we signing, I missed that.

        In any case:

        "Who decided to launch 12 Globalstar satellites in an experimental Russian Rocket (kaaaapowww! a big set back)?"

        Say I did some risk management once in awhile, this looks
        like a low success rate.

        Not even going into the combination of 12 unless all are
        required you must find the success rate of the launch
        vehicle. Best to pay for some test launches first.

        Say how many plasma thrustors on each satellite, what
        a money maker.

      • Interesting....

        "Which former CFO retired and moved his family and golden
        parachute money to Australia, approximately one year before
        Loral went bankrupt?"


        But that is not Bernie is it, a CFO running a tech company.
        Yeah the accountant, thats him.

        You know there are a lot of strange aireal phenomena
        photographed in Sydney and put on youtube and public
        forums, did he take the plasma thrustor patent with
        him.

        He can now see four of them being used per air craft
        instead of one, what a money maker.

      • I give up. Who?

    • IMO, Shyster Schwartz who wiped out all the PREVIOUS Loral and Globalstar shareholders, not preserving ONE CENT of equity for them in the Chapter 11 proceedings, is getting ready to fleece a new generation of investors. Face it, Bernie, Lanza was always the brains behind the old Loral operation before LMT-- in my opinion you are just a huckster (and, back in the late 90's, I was a BIG believer in LOR, but you sold us out big time). IMO, anyone foolish enough to invest in this scam again had better check out the HISTORY of Loral and Globalstar. About as shady as Global Crossing, IMO! Do your own DD!

    • teutonic_warrior_alpha teutonic_warrior_alpha Jul 13, 2006 12:59 PM Flag

      Brings back memories! :)

      People who went totally long on Loral and Globalstar have no one to blame but themselves from an investing standpoint. Obviously they should have had a mix of long and short positions relative to these two stocks. At some point they would have gotten out of the long position and had a net gain from the short position.

      • 2 Replies to teutonic_warrior_alpha
      • "People who went totally long on Loral and Globalstar have no one to blame but themselves from an investing standpoint. Obviously they should have had a mix of long and short positions relative to these two stocks. At some point they would have gotten out of the long position and had a net gain from the short position."

        LOL!! Unless your investments were handled by "The Jeff Fund" (IDIOT.X)

        Jeff believed that buying Loral LONG AND Globalstar LONG was an effective HEDGE!

        The saying went. At the Jeff fund. A HEDGE IS A HEDGE BECAUSE JEFF SAYS IT IS.....

        When Globalstar went under. He almost gloated that he sold out his GSTRF Bagholderz Buddiez and secretly switched into LOR Long.. BIGTIME.

        It seemed that Jeff didn't mind the GSTRF Bagmemberz getting wiped out due to the inept Weazel managment as long as he was going to be on the receiving side of the Bagholderz losses. Then when The Weazel screwed him yet again with a LOR BK filing. He was mad as spit.

        So Jeff didn't mind the Weazel screwing investors as long as he thought that he was going to make a profit off his cockamamy HEDGE at some point. Yet he was completly clueless on the dealing of Loral's Weazel Managment at the time. And when Jeff got taken to the cleaners yet a second time. He was mad as spit and played the Klubberz for their Donationz so he could buy BIGGER hotel rooms in NYC with a big desk. You know the hotel.. The one with the DANCING GIRLS ON SATURDAY NIGHTS. LOL!

        Thanks for the DONATIONZ!!!! KLUBBERZ!!

        PCSTEL

      • How would the short fair when the reverse
        split took place?

        People still hung on after the reverse.

        No business, no prospects, accounts payable,
        no receivables, but reverse, yeh go with it.

    • Qualcomm GSP 1600 tri-mode phone (satellite, analog, and CDMA digital)

      * Approximately 13 ounces (370g)
      * 7" (177mm) tall 2.25" x (57mm) wide x 1.92" (48mm) deep

      That's G*, so what does I* have, got a call
      from Cramer on the tarmac?

      Got pictures?

    • What a great man. Clearly, as Jeff teaches us, only Mister Schwartz has the supreme management ability to be entrusted with Our Kluberz' Kumpany.

    • ""I have spent much time today on Globalstar's progress, not because it is our most important activity - it is not, "

      Maybe what Globalstar needed was a CEO whose most important activity WAS GLOBALSTAR? NOT WEAZEL MANAGEMENT!


      " Secondly, Loral has developed some of the most valuable (assets) and significant space (assets) resources. Loral, even without Globalstar, is one of the industry's most respected players. We believe that Loral's share price will soon reflect these values."

      VALUABLE ASSETS MISMANAGED BY HORRIBLE MANAGEMENT ARE WORTH NOTHING!

      And so it goes,
      PCSTEL

      • 2 Replies to PCSTEL
      • .. it appears to me that only one who couldn't get over it is U?

        IMO ITSREALLYF*SAD

      • """I have spent much time today on Globalstar's progress, not because it is our most important activity - it is not, ""

        Kind of interesting in retrospect to the CEO who replaced The Weazel� and "re-engineered" G*'s buisness plan into a business that showed a 400% increase in revenues in a single year.

        Yet, Jeff spent his time mixing the Weazel Loverz� Kool-Aid and selling his story that Olof was the conspirator while trumpeting his Weazel Lover� who stated that Globalstar's progress "was not his most important activity".

        http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=7082842&tid=lor&sid=
        7082842&mid=199272&thr=199263&cur=199263&dir=d


        >>>>Re: New G* Equity...
        by: jeffswarts 05/07/03 01:12 pm
        Msg: 199272 of 258300

        PCS, OFDM is what ICO/G* will use if Q won't play ball.

        I did a lot of speculating about who/how G* was being taken down, from within. It turned out that Q tried to assume control of the company as a bidder in the BK auction, but failed. ICO/Olof/Actinus is the conspiracy that worked although Q objected strenuously to their selection by the Court.

        Any way you cut it, insiders "re-engineered" G*'s business plan, putting the screws to the common shareholders in the process. I would not want to be Olof when he wakes up in a sweat in the middle of the night. <<<<<

        LOL!! And the jokes on you Jeff.. Cause QCOM owns OFDM also, now they bought Flarion. So there is no round the back door game plan if the Q won't play ball. You either play under Q's rules.. or you go home..

        Some how I get the feeling that the only one wakeing up in the middle of the night "in a sweat" is Mr. Swarts himself as when his wife wakes him up to tell him he is three hours late to check in for his shift stocking the shelves down at Dale's Cardinal Super Market on Millersburg Road in Danville.

 
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