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Technology Stocks : Loral Space & Communications

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To: David Alders who wrote (2920)	5/13/1998 4:24:00 PM
From: Dragonfly	Read Replies (1) of 10852

Quoting Drudge Report On May 2, the Chinese launched a missile that carried two satellites that will help create a global cell-phone network for MOTOROLA, super reporter Bill Gertz will reveal in an upcoming NATIONAL REVIEW. Wow, what a super reporter it took to discover that! When there are two satellites on one -- MIRVING is present. I find it hard to make the connection. This smells like right wing propaganda to me. Why would Loral sell a defense technology to China? What possible motive could they have? Money? There's no way this could be worth the risk, especially given the amount of money they can make from the opportunities they are currently pursuing. The only possibility that I can think of is if selling a defense technology was necessary to get Globalstar into china. But, I really doubt that Mr. S. is unethical. Dragonfly

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