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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: David Pawlak who wrote (4980)	1/28/1998 11:01:00 PM
From: Valueman	Read Replies (1) \| Respond to of 10479

David: I found this thread by entering ABCN in a full text search. I do not know Craig, although it appears he is not welcome on your thread from what I have read. Like I said before, I couldn't even tell you what Osicom does, or sells, or whatever. M Group is the holding company of Mr. Limthingkul--IEC, ABCN, and several others are part of that shell--the ultimate ownership rests with Mr. Limthongkul as far as I can tell. My interest is only in their ownership of L-Star. ABCN had a controlling interest in this project which they sold to UCom--that is in the newspaper reports in Bangkok. The SatMex slots(there are 3)are GEO slots--LEOs do not have slots, per se--they do not remain stationary over a single point over the equator. I still have never seen any info from Loral, nor heard it from management, that they own any part ABCN or L-Star. I doubt they would own any ABCN--they are not a media company. I could see them owning some of L-Star in order to use spare transponder capacity, but they are not into creating content.

To: David Pawlak who wrote (4980)	1/28/1998 11:37:00 PM
From: Valueman	Read Replies (2) \| Respond to of 10479

David: Loral is laying off 280 to 300 people at SS/L(the sat manufacturing arm) because asian customers not making payments. Investor relations said that they hope to resell the sats becuase they are nearly finished. The only asian customer with sats nearly finished is L-Star. This is not confirmed, but you should see a press release tomorrow possibly backing this up. Also, this is the reply I received from my e-mail to the editor of the Bangkok Post asking about the status of L-Star: "I doubt whether UCOM is doing anything about Laostar project right now due to liquidity crisis affecting all telecom companies including UCOm. Furthermore, the sky is crowded with several satellites right now including Thaicom, Abstar, Asiasat, Mesat and Indosat. In fact, Thaicom has yet to fill up renters for its Thaicom 3, which have 24 C band transponders and 16 KU band. The same is Mesat from Malaysia, still looking for customers. So what do you think Laostar will have any future? Forget it." For what it's worth.