Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bernard Levy who wrote (4840)	11/5/1998 8:35:00 PM
From: Rocket Scientist	Respond to of 10852

It's hard for me to believe that the USG would approve an ALA buyout of Loral that included SS/L, based on tech transfer issues. On the other hand, doesn't ALA already have an equity stake (one of the preferred stock series, I believe) in LOR that was acquired in return for the 12.5% stake of SS/L it previously owned. In fact it may have more than that since ALA merged with Aerospatiale, which had it's own 12.5% share of SS/L. Anyway, as minority shareholders, like LMT, they're presumably kept well isolated from the technology stuff. If they were to acquire SS/L it's easy to imagine the "sucking sound" of SS/Ls technology flowing to France.