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Technology Stocks : Loral Space & Communications

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To: Dragonfly who wrote (2395)3/31/1998 10:21:00 PM
From: Valueman   of 10852
 
An interesting bit in Via Satellite mag says that Loral is "hammering out an alliance with United Video Satellite Group Inc. to expand the satellite capacity of Loral Skynet and serve United Video's worldwide base of subscribers. The deal fits in well with the companies previously disclosed plans to expand Skynet's services globally and would give Loral Space and Tele-Communications Inc.(TCI), the parent company of United Video, a much-needed financial boost."
The same mag also several stories that indicate that Ku-band transponder demand in the US is very tight still and prices are rising. That is a good sign since Morelos III, and Telstar 6&7 are heading up this year with Ku-band transponders ready for action.
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