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


To: Geoff who wrote (1984)2/18/1998 3:35:00 PM
From: Dave Carlton  Read Replies (1) | Respond to of 10852
 
Geoff and Mike: This just came over the wire. If there were talks, the publicity may have spooked them, or today's run-up in the price of COMSAT on the rumors may have messed them up.

BETHESDA, Md., Feb. 18 /PRNewswire/ -- COMSAT Corporation (NYSE: CQ) today
announced that it is not in discussions with _Loral Space & Communications_ Ltd.
concerning the sale of all or part of the company to Loral.
COMSAT Corporation is a global provider of satellite services and digital
networking services and technology.
/CONTACT: Janet Dewar, Vice President, Corporate Affairs, 301-214-3442, or
Gary Sharpe, Director, Investor Relations, 301-214-3244, both of COMSAT/
15:18 EST