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Technology Stocks : LOCKHEED MARTIN, (LMT)
LMT 468.91-0.9%Nov 6 3:59 PM EST

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To: Jimbo Cobb who wrote (470)12/15/1998 11:30:00 PM
From: carlos jeanpierre  Read Replies (2) of 732
 
2 years ago lockheed claimed it would get half it rev form the international. Well all their customers are rolling back orders. Little have we heard but, the stock is dropping like a rock. On the domestic front the defence budget is static and U.S. no longer want to be a supper power. If perfers to supply the U.N. with equipment and foot the bill. Lmt is 12 bln in debt and is going to pay another 3bln for nothing company CQ. With 0 rev and 0 profits. The only way out is to win 200bln in backlog to service the debt. Or to dilute the shares. Issue new shares. This is a bs company taken over by martins. Danial Golden was right there really is life on mars. Space probe was not needed after all Martins have alot in common with men.
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