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

To: JMD who wrote (7477)	3/12/2000 11:18:00 AM
From: E Haiken	Read Replies (2) \| Respond to of 10852

Do you know who is going to buy the 45 million + shares owned by Lockheed or who the partners of Cyberstar are going to be? I do not & therefore I find it unfair to judge Bernard Schwartz's performance yet. For me, Loral & Globalstar are long term investments. They are both extremely complex undertakings, which are proceeding reasonably close to the original business models. I think both of these companies are extremely undervalued & will reward those with vision & patience.

To: JMD who wrote (7477)	3/12/2000 8:41:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 10852

Hi Mike: I completely agree that Alcatel would be the most likely buyer of LOR. However, ALA has its plate full with the Newbridge acquisition. I do not see it coming back for a big purchase for another 6 months. The timing must be just right, since unless G* starts signing customers at afurious pace, LOR shareholders will be really frantic in August or September. I really feel sorry for LOR employees in non-G* units, since their stock options or 401ks are probably well under water through no fault of their own. Best regards, Bernard Levy