Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: A.L. Reagan who wrote (9155)	3/28/2001 10:29:31 AM
From: Rocket Scientist	Read Replies (1) \| Respond to of 10852

<<Why the optimism about SS/L given the current industry capex funk?>> SS/L's financials are very lumpy, for sure, but it's pretty clear that the factory is full (in addition to the reported backlog (160% of FY00 sales), a reliable source informs me SS/L is aggressively hiring.) I'm comfortable that rev's this year will average 250M$ per Q. More difficult to predict is how much of that will be inter-company eliminated (at least four satellites in the pipeline are for Loral entities) and what kind of EBITDA margins it will earn, especially, again, after eliminations, but 20M$ per Q, average doesn't seem unrealistic to me. Of course, I'm almost always overly optimistic......