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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (2965)	2/14/1999 5:15:00 PM
From: djane	Respond to of 29987

AT&T/MSFT takeover of LOR/GSTRF? (post from LOR thread) Talk : Communications : Loral Space & Communications \| Previous \| Next \| Respond \| Earnings \| To: brian h (5339 ) From: Valueman Sunday, Feb 14 1999 12:36PM ET Reply # of 5341 From Yahoo--and, no, this is not me! LOR IS A POSSIBLE TAKEOVER TARGET FOR AT&T by: buying_point 12006 of 12010 LOR IS ALWAYS A POSSIBLE TAKEOVER TARGET FOR AT&T AT&T and Satellite Technology February 14, 1999 It's true Loral Space and Telecommunication (LOR) actually brought the SKYNET Network from AT&T, but that was before Chairman C. Michael Armstrong took control. Armstrong the former Chairman of Hughes really understands the growing satellite industry and their net-worth to building a communications empire. Lurking behind the purchase of TCI is Armstrong's need to fend off another future large player in the communications and internet industry, that being Microsoft who is developing Teledesic a global, broadband "Internet-in-the-Sky." Using a constellation of low-Earth-orbit satellites. AT&T's knows it needs to be a part of and have satellite technology network in order to control internet services in the future. AT&T has been looking very closely at the amount of hardware (Satellites) LOR now has up in orbit. The LOR satellite network after Telstar 6 is launched today. Is easily worth over $3 billion when taking in all LOR subsidiaries. I would think at the current low stock value price of LOR (19 5/8), AT&T and many others are looking at LOR as a possible takeover company. They are not going to wait a year or two and try to take LOR over at a price in the $70 range or wait until LOR becomes a $20 billion dollar company. AT&T by taking over LOR now will be able to control both cable and satellite communications and generate over $1.8 billion in fee revenue annually (right away) from LOR, while also pouring water on Microsoft's 2003 Teledesic hopes. Buying LOR now gives AT&T the power of Teledesic immediately and beats Microsoft to the market by 4 years. To top it off, Chairman Armstrong knows the satellite business from his Hughes day's better then the current AT&T structure. For around $10 too $15 billion AT&T can own both LOR and GSTRF if they decide to take the companies over via a hostile takeover. This takeover of (GSTRF) Globalstar will provide AT&T with the right's to conduct cellular phone business in all the third world countries Globalster has contracted with over the past three years, including China. After the proposed purchase of Tele-Communications Inc. is complete, watch AT&T make a move on Loral Space and Telecommunications Inc. The purchase of LOR and GSTRF will give Armstrong the framework required to better support his TCI cable network operations while also being able to fend off the surge in satellite Direct TV services which grew subscribers at a rate of 100% over a year earlier. With the satellite services now becoming cheaper then the cable services. AT&T needs to purchase a large Satellite provider so that their investment in TCI Cable does not lose market share to the growing satellite Direct TV networks and too fend off the cash cow Microsoft. AT&T can accomplish this takeover now at only one quarter of the cost of TCI. However, watch out for Microsoft because they also have LOR and GSTRF in their scopes and may beat AT&T to the punch. Look for GSTRF being sold for $30.00 per share and Loral Space (LOR ) being sold for between $42.00 to $45.00 per share to either Microsoft or AT&T this quarter. ---------------------------------------------------------------------------- ---- More news is said to be forthcoming in day's not weeks...