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

To: Geoff who wrote (4583)	9/16/1998 11:32:00 PM
From: Jim Parkinson	Respond to of 10852

I think your 400 mil is almost right but it could be 500 mil. That is just a couple bucks more than I have. The question is what does that do to the overall projections for the first constellation? My calc shows that it is absorbed with their current demand projections and would be totally if demand is greater than predicted i.e. Manfred's analysis in post 2073. The concern is how to fund the gap and the real concern is at what price because they will find the funds. I my be naive but someone today has 2.8 billion invested in this puppy and 500 million represents 18% of that. Are they going to let 2.8 dissapear for that? I don't think so. This damn launch failure was a bummer and will set the project back but it is not a permanent nail in the coffin. Lor probably won't need to provide the funds and shouldn't or perhaps they could provide a porportionate share along with the other equity and strategic partners but not all. Hey, it has been one week since this happened and we are still holding at 10. I still wonder what we will be posting a year from now.