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Technology Stocks : Loral Space & Communications

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To: Ramsey Su who wrote (2913)	5/12/1998 11:53:00 AM
From: Valueman	Read Replies (2) of 10852

Ramsey: VSAT reports after the close Thursday. I think commercial sales will be a drag this quarter, but they have enough defense contracts/backlog(percentage of completion type) that they can meet estimates. I never know what the repsonse of the investment community will be to a sequential dip in commercial sales--we shall see. Your big payoff in VSAT comes with any large fixed telephony contract, or a takeover. The pursuit of "the big one" is ongoing. There are numerous potential contracts out there that have been discussed before. The NorTel/Telesat alliance is another avenue for VSAT to partcipate in a wider range of infrastructure deals. Takeover rumors are persistent. Are they true? That is the question.

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