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

To: Valueman who wrote (4746)	10/21/1998 8:01:00 AM
From: gdichaz	Read Replies (3) \| Respond to of 10852

To Valueman: My information (such as it is) is based on speculation on the AOL Loral thread. You are probably right that the insurance went through a Russian insurance agent - not necessarily a Russian "company per se" and there is agreement (for what little it is worth) that there was multiple handoff and coinsurance with a wide range of insurance companies based in several countries as is typical for a project of such massive size. Since the company has kept its shareholders in the dark on this - as is typical of Bernard L. Schwartz's style of operation - no one outside the company really knows. Maybe at some point G* management will clarify this, the planned launch schedule and a few other loose ends lying around. In the meantime we guess what has, is and will happen with G. Miss Readware's help. (And the AOL board misses your insightful contributions BTW - but I am lucky - I learn from you here on SI) In any case, I for one knew that I was getting a one man band (Bernard L. Schwartz) when I bought into Loral and G - not a "team" in the traditional corporate sense. I still expect outstanding performance from him and the multiple balls he has in the air. Just that once in a while a ball hits the ground. :-) Respect. Chaz