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

To: Mannie who wrote (4701)	10/11/1998 11:19:00 PM
From: Valueman	Read Replies (1) \| Respond to of 10852

Optus C1 Insight: Mitsubishi offered to finance the deal, as did Matra. Luckily, Mitsubishi won out. Loral offered a forward commitment to sell C1's East Asia capacity through Loral Orion as well as offering membership in its Global Alliance. A press release said that the benefits of the Loral Alliance included "an instant global satellite presence, especially in the AsiaPacific region." Cable and Wireless would be an excellent partner to have(they own Optus basically). Recall that C&W bought MCI's internet backbone biz before the Worldcom merger. It can't hurt to have that kind of partner when you are setting up global broadband services! Also is good to break up a long-standing relationship between Hughes and Optus. Hughes has unfortunately built two birds for Optus that have the potential to fail due to that shorting problem in the HS 601 model.