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Technology Stocks : COMSAT -- Ignore unavailable to you. Want to Upgrade?

To: HIA who wrote (32)	10/22/1998 2:37:00 PM
From: HIA	Respond to of 55

Almost every Lockheed press release out...now mentions Comsat...and Lockheed's satellite unit...into which Comsat will eventually be merged...the Lockheed unit is called...Lockheed Martin Global Telecommunications...That seems okay...and that unit will eventually combine everything...satellite...that Lockheed has...and that unit may IPO spin-off at some point in time...(But Comsat shareholders will have received Lockheed shares...first)... Now...Comsat has expense share and revenue share of Intelsat and Inmarsat...part of Intelsat is going private company next month and then a IPO in the spring...while Inmarsat is going IPO in the spring... So the total package...looking forward...is three IPO's and a merger!