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

To: Timothy R. Tierney who wrote (7475)	3/11/2000 6:31:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 10852

One of the catches is that all of Bernie's stockoptions vest immediately if he is removed. Also, what would Bill Gates or Craig McCaw do with SSL? LOR is much too diversified to be an attractive target for Gates and McCaw. I have been wondering if there is something that the LOR BOD could do to insulate the non-G* assets of LOR from its G* involvement. Could they spin the G* shares to stockholders, and find a clever way of unloading the LOR guarantee provided for G's debt? I suspect that all non-G employees of LOR must be rather steamed up at the thought that their fate is totally dictated by the success or failure of G*