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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: djane who wrote (6781)9/13/1999 9:59:00 AM
From: Jeff Vayda  Read Replies (2) | Respond to of 10852
 
Loral is cursed!!

Cape is shutting down Tuesday and Wednesday. There will be no "Ride Out Crew" for the hurricane. These events are unprecedented. Echostar, on the pad, loaded and ready to go. Damn so close. There is no way it will survive should we get a direct hit. Even at best a glancing blow, will make a launch this year tough.

Just another long list of uphill battles Loral must address.
Vman, and you think some big seller puts pressure on the Stock!

Jeff Vayda - See you next week.
Cape Canaveral and KSC begin hurricane preps

Cape Canaveral Air Station and Kennedy Space Center remained in
Hurricane Condition 4 overnight due to the threat from Hurricane Floyd. The
centers were also placed under a hurricane watch at 5 a.m. today. HURCON
4 is the lowest classification, and is issued 72 hours in advance of the earliest
possible arrival of 58 mph winds. During this time, early preparations are made
such as gathering emergency supplies and filling gas tanks.

This morning, officials may elect to go to HURCON 3, which would call for
workers to begin preparations for securing the centers in the event the storm
should impact the Space Coast. Activities would include closing down the
Eastern Range and securing the launch pads.

There are four rockets enclosed in towers at air station launch pads. Officials
say the towers can withstand winds up to 120 mph. At pad 36A, an Atlas 2AS
rocket and the EchoStar-5 spacecraft are awaiting launch later this week on a
$250 million mission. A $70 million Atlas 2A is on pad 36B being readied to
launch a Navy satellite this fall. At pad 17A, a $55 million Boeing-built Delta 2
rocket is stacked for launch Sept. 23 carrying a Global Positioning System
satellite. Further north, a $350 million Titan 4B rocket is being processed at
Complex 40 to carry a Defense Support Program missile-warning satellite into
space on Nov. 22.

See FLORIDA TODAY's Hurricane Special Report for more about Floyd.