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Technology Stocks : Loral Space & Communications
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To: F. Foos who wrote (2891)5/10/1998 1:54:00 AM
From: Bonnie Bear  Read Replies (2) of 10852
 
I'm mystified by this thread. It appears as though the commercial satcom business is new to a bunch of new investors. The first satcom was launched in 1960, T launched Telstar in 1962 and Intelsat was formed in 1964. And for 35 years, spacecraft factories had to be subsidized by government projects because the commercial spacecraft business was inherently unprofitable. LMT built half the world's spacecraft- for a good reality check on LOR, compare LMT's balance sheet with LOR. IMHO you're still in smoke and mirrors.

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