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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (10144)8/15/2002 8:33:52 PM
From: ebg51  Read Replies (1) of 10852
 
Yes itis Vman. MeaSat is also from one of the Asian countries and SS/L should know in a few weeks. It may be too little too late. Good to hear from you. So you still lurk this board even though you don't post much. The rumor mill is still grinding away at SS/L about a joint venture with LMT. That will not happen until Jan '03 at the earliest. LMT a couple months back reduced its severance package to just 2wks severance pay max.this change begins interestingly enough in Jan '03. If LMT acquires SS/L, then those employees will be under the new plan.
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