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Technology Stocks : Loral Space & Communications

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To: Geoff who wrote (2226)	3/13/1998 11:09:00 AM
From: Geoff	Read Replies (2) of 10852

Some snippets from Bloomberg News - (3/13)- Orion Network Stake Cut by British Aerospace Unit to 17.6%. According to Bloomberg news, British Aerospace North America, Inc. (an affiliate of British Aerospace PLC, sold 2.74 million common shares at $17.50 to $17.75 between 2/26 and 3/5. Also, another Bloomberg news article from 3/11 states that the increase in Loral is "sparked by growing interest in the booming satellite communications industry, analysts said." The article quotes Lior Bregman (of Oppenheimer) and Robert Kaimowitz (of CE Unterberg, Towbin). Both are bullish on LOR and the satellite communications industry in general. Lior said, "People who believe in satellites have to be in Loral."

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