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: Bonnie Bear who wrote (2895)	5/10/1998 9:18:00 AM
From: Valueman	Read Replies (3) \| Respond to of 10852

Bonnie: Perhaps you should look at commercial satcom business again. This is not your father's satcom business. The recent interest stems from the new applications, internet via satellite, ATM by satellite, virtual private networks, VSAT networks, digital DTH, SNG, LEO telephony, GEO telephony, GPS, high-resolution imaging, etc. LMT is not in any way comparable to Loral--diverse defense business vs. commercial sat manufacturer and owner--I don't see the connection. LMT is a smaller sat manufacturer than SS/L, and it represents only a fraction of their revenues. SS/L is a profitable business, without being subsidized by the government. Do your homework Bonnie before you make blanket statements!

To: Bonnie Bear who wrote (2895)	5/11/1998 7:28:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Ms. Bear <<And for 35 years, spacecraft factories had to be subsidized by government projects because the commercial spacecraft business was inherently unprofitable. >> Having been in the launch sector for a good portion of the time period you state, I have to point out that your statement is incorrect. The governments bought and paid for each and every spacecraft factory. There was no intent on profit for the technologies, that is what governments should do, encourage the technologies when they are unprofitable. Without world governments the spacecraft business would have never gotten off the ground. But as you point out, that was 35 years ago. If you look at the present make up, commercial activity has far surpassed government involvement in every meaningful benchmark. I would go so far as to say governments are now hindering commercial satellite/space development. Defense stocks did quite well under the Republicans. "For a good reality check on" LMT, look into defense spending over the past 10 years and into the next 10. LMT is a fine company with wide ranging interests (currently mainly tied to the military complex) but for the next 10 years they will be on the wrong side of the tracks. Jeff Vayda