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

To: Valueman who wrote (5772)	4/20/1999 2:10:00 AM
From: SafetyAgentMan	Respond to of 10852

SATELLITE CIRCUIT (Satellite News; 04/19/99) Apr. 19, 1999 (SATELLITE NEWS, Vol. 22, No. 16 via COMTEX) -- DirecTv, AOL Officials Discuss Deal DirecTv [GMH] is in talks with America Online [AOL] (AOL) on a possible Internet alliance, industry sources tell us. Eddy Hartenstein, DirecTv president, did not dispell those reports when he told reporters at the recent SkyForum conference in New York that his company expected to finalize Internet access pacts within 30 days, although he stopped short of naming AOL. DirecTv officials confirm they are in discussions with several companies. Steve Blum, president of satellite broadcasting consultancy Tellus Venture Associates, said, "DirecTv is aiming to bundle services that supplement TV viewing. Potentially, DirecTv could provide "TV- centric" AOL content via satellite." DirecTv already is offering WINK and DTN service. WINK is a multimedia service that adds data to TV shows, while DTN provides a separate data stream for agricultural and weather data services. Blum predicted DirecTv would form an alliance most likely with AOL, but possibly with WebTV. Echostar Communications Corp. [DISH] intends to offer Microsoft's [MFST] WebTV. Compaq, Hughes Bundle Computers With Satellite-Delivered Internet Service Compaq [CPQ] and Hughes Network Systems [GMH] are teaming up for a new Internet service. The companies last week announced the availability of new, customized Presario Internet personal computers (PCs), featuring DirecPC high- speed satellite Internet service. The service will be available in mid-May. U.S. consumers will be able to buy a Compaq Presario Internet PC bundled with a DirecPC package for $1, 899. The Presario/DirecPC system will be available through more than 9, 000 Compaq in-store kiosks across the country. The DirecPC package includes a DirecPC antenna and satellite modem, which will allow consumers nationwide to surf the Web at up to 400 Kbps -- approximately 14 times faster than a traditional telephone modem. In addition, Compaq customers who choose DirecPC will receive Turbo Webcast, Turbo Newscast and newsgroup offerings from DirecPC. Since DirecPC works with Compaq's home phoneline networking technology, many users within a home will be able to share the high- speed satellite Internet connection using their existing phone lines. The alliance will provide high-speed Internet access nationwide. Broadband cable modems and digital subscribe line services are available in limited areas.

To: Valueman who wrote (5772)	4/20/1999 11:55:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Vman: Question, Why does Loral think it is necessary to request an additional 20 mil shares (Series TBD, Terms TBD) when they currently have 100 mil Series A (out of 150 mil), 20 mil Series B (out of 20 mil) and 5 mil Series C (out of 20 mil) available? (125 mil out of 190 mil currently available) Bernie is already set wrt takeovers, if someone gets 35% control of Loral - hardly a takeover in my book- he gets all his stock options (and the tax due) paid for. Thanks for any insight Jeff Vayda P.S. IMO people should not sign over the only input they have. Then again, does anyone every buy into a company because of the way the 'board' set up the by laws? Maybe the big institutions, but I doubt the individual investor ever makes such a choice.