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Technology Stocks : Loral Space & Communications
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To: Valueman who wrote (2422)4/2/1998 8:11:00 PM
From: Dragonfly   of 10852
 
"A few points--you say,"Maybe the result will be that I* will pay off the balking locals in some way." They are--they are offering options on the stock. That is very expensive payment and dilutive as well."

How is that a "payoff" when G* is doing the same thing. The local service providers are getting a portion of the limited partnership as part of their deal. Since I* doesn't need local service providers, giving the gov't options on airtime and stock to be used for emergency services is a good idea.

Dragonfly
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