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Technology Stocks : Loral Space & Communications

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To: Dragonfly who wrote (2677)	4/21/1998 4:08:00 PM
From: Snake	Read Replies (3) of 10852

I agree and arguments about pricing are futile arguments, because all we have to go by are conflicting items in the press made at different times and by what guidance the companies have given at some point in time. The article mentioned Iridium charging the rates you stated, but it also stated G* was hoping to start service in late 1998 with half a constellation. That would be the 1st I have heard about G* starting service in 98 since they announced a 1st Quarter 99 start date. This would be big news, but i suspect the writer may have his facts incorrect, which makes it difficult to believe the Iridium piece in it too. The problem is, I think, that we know more about the companies than the people writing the articles do, and therefore, it is hard to believe anything anyone else writes without a lot of confirmation.

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