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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Apollo who wrote (3024)6/23/1999 8:10:00 PM
From: gdichaz  Read Replies (1) of 54805
 
Chuckle: The relevant posts on this thread on Globalstar (actually Loral) are two. That is right two. But for convenience here is the nomination post:

From: gdichaz Thursday, Jun 3 1999 3:53PM ET
Reply # of 3025

Justin: Hit me recently that the W&W needs a satellite company for broad diversification. Since I believe in concentration I am probably not the one to bring this up, but strikes me that those of us who have been Qualcomm followers for years have always thought in terms of a triumverate re CDMA - the Q itself, Globalstar and Loral.

Given all the political and other troubles Loral and Globalstar have been going through both are very low in price compared to earlier expectations. G* (as Globalstar is known to its followers) is about to launch 16 satellites in the next 90 days to permit the launch of its worldwide voice service.

Loral is suffering the slings and arrows of the Washington fun and games, but perhaps the worst hits have been taken - like the guy full of arrows who was asked if it hurt and he said only when I laugh.

And Loral owns some 48% of G*. Loral is also ramping up major satellite data services worldwide in its own right and in partnership with others. Is Loral a possible candidate?

Can't promise anything like the thoroughness of Ausdauer but will give it a try if others will pitch in and help.

Seems like the time may be ripe.

Chaz too
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