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Technology Stocks : Loral Space & Communications
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To: CChalmers who wrote (10354)2/5/2003 11:45:56 AM
From: SafetyAgentMan  Read Replies (1) of 10852
 
Still think there are 3 sats in the next 90 days?

I had been more optimistic in January that SSL would receive several awards over the next 90 days, but I now believe there is a good chance they will receive none. Their prospects are telling them that SSL's proposals are technically superior and more cost effective than BA's or LMT's, but no one is stepping up to the plate. It appears BA and LMT are doing everything to undercut the price at the same time they whisper in the customers ears that SSL will be out of business by the end of the year. I now hear the general feeling at SSL is that BA and LMT believe they can bring about consolidation by denying SSL any business. I see dark clouds forming over Palo Alto as I type this. I hope the weather improves soon.
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