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


To: JMD who wrote (2522)4/7/1998 10:20:00 AM
From: Valueman  Respond to of 10852
 
It is good to see Orion2 is booking a year in advance:

Loral Orion To Expand Bonneville International's Broadcasting Into South America

LAS VEGAS--(BUSINESS WIRE)--April 7, 1998--

Loral Orion signs its first customer for the Orion 2 satellite

Loral Orion Network Systems, Inc. announced today that it has signed an agreement with Bonneville International Corporation, an international commercial broadcast and media communications company, to provide satellite capacity to transmit Bonneville's broadcast programming throughout Latin America. This distribution agreement will expand Bonneville's broadcast and communications business to all of the Americas.

Bonneville's agreement with Loral Orion provides for the leasing of 9 megahertz (MHz) of a transponder on the company's upcoming Orion 2 satellite which will cover Latin America from 12 degrees West Longitude after launch in the summer of 1999. Bonneville will use this satellite capacity through the entire life of the satellite. Loral Orion's coverage of Latin America will allow Bonneville's broadcast entertainment, information, news and values-oriented programming to reach audiences interested in information from other parts of the Americas.

This contract strengthens the relationship Loral Orion has with Bonneville for the delivery of broadcast services from the United States. Loral Orion and Bonneville signed their first agreement for satellite capacity on Orion 1 in 1996, enabling Bonneville to distribute its programming from Salt Lake City to cities throughout Europe.

As Loral Orion's planned fleet of satellites grows to cover 85 percent of the world's population, the company will continue to work with its existing multinational customers to help extend their reach into new regions of the world. This global coverage, as well as Loral Orion's expertise in satellite services, will be very useful to its broadcast customers as they look for high power and high performance satellites to support their international and regional networks for television and audio programming distribution.

Bonneville International Corporation specializes in digital television broadcasting. The digital technology is used to provide worldwide accessibility to business and educational customers using networked receivers and network uplink facilities based in the United States and in countries around the world. Bonneville provides satellite capacity and international multi-language uplink services.

Based in Rockville, Md., Loral Orion Network Systems, a subsidiary of Loral Space & Communications, is an international satellite communications company that provides network services, including Internet access, directly to multinational businesses and Internet Service Providers (ISPs) worldwide. It also transmits video communications for television and other program distribution services. Services include data networking, voice, video, teleconferencing and news distribution to multiple points worldwide. Loral Orion can be found on the Internet at www.OrionNetworks.net.

Loral Space & Communications (NYSE:LOR), headquartered in New York City, is a high technology company that primarily concentrates on satellite manufacturing and satellite-based services, including broadcast transponder leasing and value-added services, domestic and international corporate data networks, global wireless telephony, broadband data transmission and formatting, Internet connectivity, digital audio radio services, and international direct-to-home satellite services. For more information, visit Loral's web site at loral.com.



To: JMD who wrote (2522)4/7/1998 11:36:00 AM
From: Geoff  Read Replies (1) | Respond to of 10852
 
RE:****off topic****

Mike,

From my experience on the Web, I would say the following companies have the best shot at being major e-commerce players when the whole Smart Card thing hits big... though a lot of this stuff isn't going to happen before Y2k, the Y2k problem is really getting the most attention, and has the most resources devoted to it, from IT staffs and developers. Once that problem is done with, this smart card/e-commerce stuff will boom....

1) Verifone (through HP) - if you already own it, hold it tight

2) Verisign (not related to Verifone) - IPO was hot, they are pretty much THE leader in digital certificate/signature (i.e., they verify you are you and are their product is the equivalent of a physical signature) - well positioned for the rise of ACH transactions via the Web. Also will be a big provider of digital signatures for Smart Cards (like Verifone's digital wallet software -- Verisign provides the certificates to put in the wallet). Though, just so you know, Verisign (VRSN) is up 214% since the IPO and trades at $44/share

3) Key Tronic Corp - (Nasdaq:KTCC) is a potential competitor to Verifone. According to this week's Internet World, has keyboards ready with smart-card readers -- but "the people who put the hard cash on the table don't appear to want to put smart cards in their IT budgets this year."

4) Pandesic - (I don't think this company is public) a former joint venture between Intel and SAP, has troubles now, but can turn around and become a software powerhouse in the ecommerce arena.

5) American Express - they are at the forefront of the ecommerce movement, though not as crazed as Visa (Visa is really the nutcase driving this whole thing, after all, they are the biggest). American Express has a huge member base, and SET protocols will make transactions safer (though IMO too safe for current bandwidth -- transactions take too long). Amex should do well here.

6) AOL. I know, I know, but man are they successful. They fought off MSFT, and won, and now are a necessary partner for e-commerce ventures. Just look at online book biz, Amazon is on AOL.com home page, but Barnes & Noble is the "official" bookseller of AOL (its actual online service). Everyone is paying big bucks to get exposure to AOL's users. Look at Telesave, the phone company that signed up 500,000 new accounts through a joint promotion with AOL -- "AOL long distance" - you may have seen those ads. They paid $100 million to cobrand with AOL, and have paid AOL more because of how successful the endeavor was!

Gemplus, Datakey, Entrust Technologies (a competitor to Verisign), and GTE (yes the telecom company) are also well positioned for this boom.

I know a lot of people at Verisign, we're actually working with them very closely -- so I'm a little biased, but there is enough room for everyone right now.

Hope this helps....

geoff