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

To: RMiethe who wrote (6059)	5/6/1999 10:21:00 PM
From: Clarksterh	Read Replies (1) \| Respond to of 10852

RM - On the insurance issue, I am assuming that Hughes received full payment for Orion even though Loral had not taken ownership of it and that all proceeds would therefore go to Loral. Just FYI, many, if not most, commercial contracts nowadays are for checked out delivery on orbit (among other things this allows Hughes to buy bulk launchers for a discount). If that was true in this case then Hughes probably got the insurance money. Clark

To: RMiethe who wrote (6059)	5/7/1999 12:12:00 AM
From: Valueman	Read Replies (3) \| Respond to of 10852

The Hughes lunar flyby sat, HGS-1, is not in full working condition. It has had battery problems like PAS-5(which has turned off its Ku-band transponders) and Galaxy VIIIi, and I believe it is working on a backup SCP, like our very own Solidaridad 1(and several others). I also seem to remember a blurb in one of the trade magazines about it wobbling, and having used up most of its fuel. If it was any good, Hughes would have used it itself! They certainly need sats. It was a HS601HP, and the 16 Ku-band transponders had 132 watt TWTAs, even surpassing DBS-1 in power(by the way, DBS-1 is on its backup SCP). Heroic, yes---useful, no. Way cool space stuff---oh yeah. Maybe the work on HGS-1 will allow them to do a successful lunar flyby with Orion 3. Economically for Loral, it is probably better to let it burn up and take the money and run.