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


To: djane who wrote (5553)3/22/1999 8:29:00 PM
From: Drew Williams  Read Replies (2) | Respond to of 10852
 
<<EL SEGUNDO, Calif. -- General Motors Corp. is mapping out a communications strategy to earn billions of dollars from households whose phones, computers, radios and televisions someday could rely on GM communications satellites orbiting in space.>>

What do satellites have to do with the automobile business? Couldn't they buy OnStar services from someone else? Can't they find good opportunities within the automobile industry? Nissan is still for sale (this may be a bad example).

I believe this lack of focus is one very good reason why General Motors' has been losing market share for all these years.