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.

Microcap & Penny Stocks : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?

To: LuckyLinda who wrote (6472)	1/28/1999 10:49:00 AM
From: pom	Respond to of 9096

just want to !!tell!! happy next 4 weeks everybody and a good luck for the long plfm !!POM!!

To: LuckyLinda who wrote (6472)	1/28/1999 10:54:00 AM
From: cliff weller	Respond to of 9096

LL I suspect PLFM has them running scared! Happy trades

To: LuckyLinda who wrote (6472)	1/28/1999 11:35:00 AM
From: Carol Putnam	Read Replies (2) \| Respond to of 9096

Linda: This article was in the WSJ this morning and explains why DarkStar has been cancelled: January 28, 1999 -------------------------------------------------------------------------------- Pentagon Kills 'DarkStar' Aircraft, Dealing Another Blow to Lockheed By JEFF COLE and THOMAS E. RICKS Staff Reporters of THE WALL STREET JOURNAL Dealing another blow to Lockheed Martin Corp., the Pentagon quietly decided earlier this week to terminate the company's "DarkStar" unmanned-aircraft program, people familiar with the decision said. Only about $20 million remained to be spent on DarkStar, an experimental high-altitude radar-evading reconnaissance aircraft, a Pentagon official said. But the decision is more significant than it might appear because unmanned aerial vehicles, or UAVs, are considered by many to be the wave of the future for military aircraft. The experimental aircraft now being built for the Pentagon could determine which companies dominate the UAV sector as it grows in the coming decades. Indeed, there has been speculation as UAVs have made such advances in recent years that the current generation of fighter aircraft will be the last one designed to be flown by a person aboard the aircraft. The money remaining in the program will be spent instead by the Defense Advanced Research Projects Agency on a rival UAV, the "Global Hawk," being built by Teledyne Ryan, a unit of Allegheny Teledyne Inc. Allegheny earlier this month announced plans to spin off its defense, aerospace and electronics operations. Unlike the DarkStar, Global Hawk isn't designed to be stealthy, or radar-evading. But it won out over the Lockheed entry because it is able to fly much farther, a Pentagon official said. The more the Pentagon examined the two competing aircraft, the more officials felt that stealthiness wasn't a large advantage for aircraft that are so small and are designed to fly at very high altitudes. On the other hand, the ability to fly long distances or "loiter" in one area for long stretches of time is clearly important with a reconnaissance aircraft, the Pentagon official said. The Pentagon hasn't yet completed the formal process of termination, but Lockheed officials were notified earlier this week that the DarkStar program was being killed. Lockheed's spokesman couldn't be reached for comment last night. A spokesman for Boeing Co., a major subcontractor on the DarkStar project, said he wasn't aware of the Pentagon action. Boeing's Web site (www.boeing.com) points to the DarkStar aircraft as "the latest chapter in [the company's] three decades of experience in unmanned aerial vehicles." --------------