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


To: Sawtooth who wrote (4218)8/10/1998 6:39:00 PM
From: Rocket Scientist  Read Replies (1) | Respond to of 10852
 
All: HS601 processor failure analysis results as posted on Yahoo GMH thread on August 6:

"Steve Dorfman announced this morning that the probable cause in the loss of 3 of the 4 spacecraft control processors was a relay switch which grew metallic crystalline fibers (aka "wiskers") which shorted to ground. This caused a fuse to blow rendering the SPC unusable.

Mr Dorfman said that all new birds have relays made of a different type of metal. He didn't say how many of the 35 other inorbit HS601's were made with potential whisker forming relays.

The fourth failure was of a diiferent type which he classified as a random error. "

Can't vouch for the accuracy of above, but it seems plausible enough to me.

Regards,

RS



To: Sawtooth who wrote (4218)8/11/1998 10:06:00 AM
From: Geoff  Read Replies (1) | Respond to of 10852
 
I'm personally staying away from margin right now as I think the likelihood of continued quick and significant pullbacks is relatively high.

Good call Tim. I'm waiting with limit orders down in the low 20s for LOR and high teens for G*. I'm willing to go on margin at those prices, knowing I will be able to pay off the debt within a month.

later,
geoff