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Technology Stocks : Loral Space & Communications
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To: JMD who wrote (2952)5/14/1998 11:19:00 PM
From: Valueman  Read Replies (2) of 10852
 
No big surprises in the VSAT earnings report. Commercial sales were sequentially down from last quarter, but don't expect that to be a trend. Plenty of prospects for commercial side out there. Target for fiscal 99 is to double commercial sales, making it 15% of total revenues. That excludes any potential revenues from a satellite local loop telephony contract. Starwire bid activity is highest ever at this time. The defense side is quite bright as well. There is the potential to sell thousands of copies of their e-mail program. Also, lots of potential clients for the QDC-100, as well as the UHF DAMA sat modems in international markets of our allies. The MIDS program could also add significantly to revenues if they become a production vendor. There is a lot of room for surprise here--a lot of room!
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