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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (6063)	5/7/1999 7:21:00 AM
From: Jeff Vayda	Read Replies (1) of 10852

Vman: Listened to the CC last night. IMO a deal is done. It may not be News Corp, but a deal is definitely done. Bernie got reprimanded from counsel when he commented on a deal with one of the top 4 media concerns. Additionally, later in the CC the question of Telstar 6 and & utilization rates came up. Bernie said T6 was something like 30-40% at the present. (mostly C band) He went on to say the T7 is 50% reserved before launch. Then the kicker. He stated they expected T6 to be 70-80% and T7 to be 80% full by the end of the year. (numbers are rounded as I did not take any notes during the call and I err on the conservative side) The point is you dont fill up like that without a major user about to come on board. They are serious about pulling T7 from Atlas III and are looking into it. They have about 3 weeks to make a choice (before hyper load at Astrotech) Orion III was a give away when compared T7 and near term revenue prospects. Jeff Vayda

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