Sorry everyone, I was out of town yesterday. Here are Readware's words....
GSTRF had a little pullback, I'm in!
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Subject: Re: readware
Date: Tue, Feb 3, 1998 16:57 EST
From: Readware
Message-id: <19980203215700.QAA03008@ladder02.news.aol.com>
The individual you had mentioned was from a firm you designated as Alex Brown.
I have a one word answer to what has been written regarding his comments: twaddle.
Subject: PanAmSat 7&8 and SSL
Date: Tue, Feb 3, 1998 19:22 EST
From: Readware
Message-id: <19980204002200.TAA09310@ladder03.news.aol.com>
Yes, I have heard the rumors on cancelling PanAmSat 7&8. Loral has denied further SSL layoffs are in the works, and I do know that PanAmSat has not cancelled these birds-- at least not as of this post at 4:13PM, 3 February. I think that rumor was in Satellite Week yesterday-- am not absolutely positive, but it was one of the industry trade papers. There were some rumblings about 7&8, but the paper, whichever one it
was, should check with Loral, I would think, or PanAmSat before they put out these comments.
Actually, though, you should call Loral and ask them about 7&8 directly. As of this morning Loral had denied there were any further layoffs coming at SSL. But call Loral since you are a shareholder and are entitled to information.
Subject: Re: readware
Date: Tue, Feb 3, 1998 19:31 EST
From: Readware
Message-id: <19980204003101.TAA10962@ladder03.news.aol.com>
Toothog: G* TT&C software has been used in simulation some 50 times, at least, already. How a representative of a brokerage company could state that G*'s TT&C software doesn't work, or that Iridium World's software doesn't, goes completely beyond my comprehension. What funds this learned broker's commentary, this broker you mentioned to me?
I have stated that the processing software for calls will be the most difficult hurdle for both G* and Iridium World. Ask any of the engineers. I think I mentioned that the software is some 5 million miles long, and that is no exaggeration. But the software for orbiting the satellites? Alex Brown says it doesn't work?
Another word, Toothog: badinage. One more, if I may? Folderol.
Subject: Re: Launch
Date: Tue, Feb 3, 1998 20:51 EST
From: Readware
Message-id: <19980204015101.UAA25428@ladder03.news.aol.com>
Reschedule every day at the same time with the same launch window till the launch goes up.
Subject: M2A & SSL
Date: Wed, Feb 4, 1998 08:57 EST
From: Readware
Message-id: <19980204135701.IAA02660@ladder03.news.aol.com>
In answer to your email, M2A's FS 1300 GEO construction has been put on hold with SSL, not cancelled, by Pasifik Nusantara. They will use Palapa C1 and C2 and the Alcatel groundsegments for M2A until they tell SSL to continue on satcom FS1300 (theGEO that has been put on hold). M2A is planned as a sat multimedia (MMDS) provider, as well as DTH. Nusantara is not reneging on this effort. As for when the project will be resumed, at the next CDR
(critical design review) meeting for Nusantara that may be determined. When that CDR will occur I do not know.
Subject: Re: GSTRF options
Date: Mon, May 4, 1998 10:53 EDT
From: Readware
Message-id: <19980204205701.PAA09710@ladder02.news.aol.com>
The price of LOR at $24 does efficiently embed a successful first launch on our pricing model. In early December, when Loral was $20 3/8, I had posted here that LOR would reach $24/share by the day of the first G* launch-- as we had said it would hit $24 in 1997 pending a first G* launch in 1997. It had broached $24 1/4 in anticipation of that launch, and then backed off after the launch delay was announced.
On our pricing model, Loral should trade to $26/share by the second launch on 24 April. It is the third launch that will, on our pricing model, see a rapid appreciation in Loral common.
This pricing model assumes a 6% discount rate, and does assume that however blindly (emotionally) short-term activity takes place in the pricing of an equtiy share, that in the evening of the day, after all is said and done, mathematical laws, and not chaos, do govern pricing activity after all.
Subject: Re: LOR option activity
Date: Mon, May 4, 1998 17:35 EDT
From: Readware
Message-id: <19980205034000.WAA27064@ladder03.news.aol.com>
The Boeing Delta II 7420-10 has only four solid rocket motors, not the usual nine. That is because of the G* dry weight-- the four satcoms weigh only 1812kg (about 3900 lbs). Final orbit is at 786 nautical miles. The Delta 7920 that is carrying Iridium at Vandenberg (if it ever stops raining here) has nine motors. You can get more info on the rocket from Huntington Beach, where Delta launch is headquartered.
As of 7:33 PM (10:33 PM at CCAS) the winds are 15 miles per hour. Friday evening another storm system is expected at the Cape , so we want a "go"-- and a "finish"-- tomorrow morning.
Subject: Re: From the beach, Wednesday Night
Date: Mon, May 4, 1998 19:28 EDT
From: Readware
Message-id: <19980205053300.AAA14873@ladder03.news.aol.com>
Wind gusts now nearing 30mph with significant drop from daytime in temperature at the Cape. 35mph or higher at scheduled launch time and the launch will have to wait according to launch rules. The wind reports are as of 12:25AM Eastern time. If temperature steadies here gusts should not increase, though more tranquil winds are a plus. Temperature is expected to decline further, however. |
