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

To: Jeff Vayda who wrote (7012)	11/17/1999 9:34:00 AM
From: Jeff Vayda	Respond to of 10852

Are we reaching a critical media message mass which will drive the stock? (Thanks to Phillips Telecon) Jeff Vayda Loral Cyberstar Uses SuperFlex Equipment Loral Cyberstar is using International Datacasting Corp.'s [IDC] SuperFlex equipment to provide Internet-access services to numerous Internet Service Providers, executives of both companies announced last week. The services are being provided to Internet providers in many regions of the world via the Orion 2 satellite, which was launched last month. Loral Cyberstar is an affiliate of Loral Space and Communications [LOR]. The operation is a combination of Loral Orion, Cyberstar and Global Access, with headquarters in Rockville, Md. IDC, with headquarters in Ottawa, Canada, provides a range of satellite-communications products. The SuperFlex system that Loral Cyberstar is using is designed to distribute data, audio and video services by satellite in point-to-multipoint applications. And then there is this: Don't Try to Figure Out Wall Street - Ever Do us a favor: Don't try to figure out Wall Street. Here is a terrific example why you should not do that. Late last week, a rumor spread through the market that Loral Space and Communications [LOR] was contemplating some sort of a deal with Microsoft [MSFT]. Loral's stocks shot up immediately, as did those of Loral's satellite-telephone operation Globalstar L.P. [GSTRF]. But by the time the market closed, Loral's and Globalstar's shares had stabilized after news surfaced that the deal actually involved Tandy Corp.'s [TAN] Radio Shack unit. Down the road, of course, anything can happen, and Microsoft and Loral actually may get together on a deal. And if that happens, Satellite News will tell you about it. For now, though, we'll leave the rumors to Wall Street. Perhaps the street is as eagar as we for some good news.