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

To: Valueman who wrote (4941)	12/1/1998 11:55:00 PM
From: Joe Brown	Read Replies (1) \| Respond to of 10852

Valueman: Many thanks for posting the Wired News article. If I'm not mistaken, Globalstar needs a couple of launches before access to the high yield debt market (for the purpose of financing the shortfall created by the Zenit disaster) can become a reality. At the rate cash is being burned, and the time required to put up two launches, it would appear an alternative financing will be required; will Loral pony up the cash from its hoard, and how will that sit with Loral holders? Any comments?