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Technology Stocks : Loral Space & Communications
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To: Jeff Vayda who wrote (9924)3/11/2002 6:58:20 PM
From: CChalmers  Read Replies (1) of 10852
 
Interesting things said by BS at Merrill Lynch conf after the close today. Strongly suggested that LOR will acquire LMT's comm. sat ops.

Painted the usual strong outlook for FSS and solid prospects, in difficult time, for SSL. Said C* was unimportant one way or the other. Not a core business.

Also said he was getting tired of banging his head against the wall of the market when it comes to Loral's value. Not sure what that means. Yahoo poster thinks it might mean sale, but the rest of his presentation painted picture of strong independant Loral.
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