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Technology Stocks : Boeing keeps setting new highs! When will it split?
BA 234.03-3.1%Jan 29 3:59 PM EST
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To: Gordon Gekko who wrote (2115)2/15/1999 12:30:00 PM
From: Wally Mastroly  Read Replies (1) of 3764
 
SATELLITE REVENUES:

"The satellite sector could be a $170 billion market by 2007, with about half of the growth coming from satellite technology applications that do not exist today, says Omar Jaffrey, a director at Merrill Lynch. While satellite remote sensing and other applications are growing, some $140 billion of the 2007 estimate will come from satellite communications. That will include about $40 billion from direct-to-home; $30 billion from mobile satellite services; $40 billion from multi-media applications, and $8 billion from satellite digital radio applications.

But while satellites will be a growing source of revenue, the actual demand for launch services will slow as satellites become bigger and more capable, he says. (Aerospace Daily) "
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