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

To: Valueman who wrote (4916)	11/27/1998 2:16:00 PM
From: Valueman	Read Replies (1) \| Respond to of 10852

For those of you who speculate on the future of Loral and who may want to own them, this is an interesting bit from Alcatel in their description of EuropeStar: Reinforced cooperation between Alcatel and Loral The current contract concerns the in-orbit delivery of a satellite with a capacity of 30 channels in the Ku band at 36 MHz. It includes an option for the order of a second satellite. Work on the EuropeStar program started in January 1998 at Alcatel facilities in Toulouse and Space Systems/Loral in Palo Alto, California. In-orbit service is scheduled to start by the middle of the year 2000 at the latest. EuropeStar is another milestone in the growing cooperation between Alcatel and Loral, which already includes the Globalstar, Skybridge, CyberStar, Intelsat, M 2 A and Mabuhay programs. By integrating the Loral satellite network - including Loral Skynet, SatMex and Orion Network Systems Inc. - EuropeStar will offer its customers one stop shopping: all operators or broadcasters will have access to the whole network from any entry point. The Europe*Star program demonstrates Alcatel's ability to promote and develop major space systems for telecommunications in international partnerships. This capability puts Alcatel in a strong position to supply operators with the associated ground telecommunications equipment.

To: Valueman who wrote (4916)	11/30/1998 8:59:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Vman: FWIW: Dont feel too worried about the Delta III. One thing you can feel good about is that it has been a long time in the US rocket industry since there has been two consecutive launch failures. Most people do not appreciate what a failure investigation entails. I have been through more that I care to remember, they are exhaustive if nothing else. The whole rocket and its support systems are typically scrubbed. The Delta III failure was identified as a software problem. (IMO it was a bone headed oversight) Seems they choose not to model the environment of constructive interference of the air-lit solids. As a result, they ran out of hydraulics trying to correct. You can be assured that these past months have seen bunches of computer time on that environment. As an evolved rocket design, most of the bugs have been worked out. Every flight has things that dont work right. If the bug that bites you causes an unsuccessful launch or deployment, then it rightly gets much more press. Delta III will be a success. Moving onto Atlas - that is a little more suspect. It is a new design and is to incorporate Russian engines. (ugh!) Not that they cant make a great engine, it just seems integration of the industry cultures gives ample opportunity for things to get dropped. Do you think the rise in G* helps or hurts the finance position? IMO, it helps from a collateral stand point. Again, I look for two Soyuz launches then a finance announcement. (and hopefully sat buy announcement- build them and launch 'em. Overwhelm the launch failures with shear numbers of sats! Got a free ride on Zenit...) Jeff Vayda