To: JohnG who wrote (33507 ) 6/28/1999 8:46:00 PM From: gdichaz Respond to of 152472
Suggest that any of you interested in satellite wireless visit the SI Loral and/or Globalstar threads. Much quicker to read daily BTW than the Q thread. Once upon a time, long ago and far away, quite a few Q shareholders also owned Loral and/or G*. This was known as the triumverate. Given the Q's deep involvement in G* and Loral's 42% ownership of G*, this was considered normal, natural and wise. As many of you know, especially those such as myself who have suffered through the slings and arrows of falling satellites, Washington 's "attention" to China, the Cox report, et al, the stock price movement of these two could be decribed as static at best, mostly down from "the good old days". Is now the time to take another look? Maybe. G* has its financing at last. Launches seem to work OK these days and the overall G* system is due to get underway in Sept and be in full operation next year. Loral has huge assets already in satellite bandwidth, much more coming and interrelationships with other satellite communications companies and major powerful terrestrial communication companies which may be very successful. But, if ever there was a case of "let the buyer beware", these two are prime examples. But the are perhaps the biggest of all jokes - a buying opportunity. As we know, some are real, some ain't. Just for those who have not seen the latest, the House of Representatives is tying up "foreign launches" in knots due to concerns re China and the idea that US satellites should be launched from US soil. In sum, Loral and Globalstar are extremely high risk, but might - just might - be high reward. Chaz