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

To: Mr. Adrenaline who wrote (6064)	5/7/1999 7:32:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Mr. A; You are correct. There will be no salvage of Orion III by NASA - at least not this year. Things just dont work that fast. As you mentioned, the sat is not designed to be safed to be brought into the orbiter. That in it self makes it a dead end. Add the fact that an entire unique set of handling hardware would have to be developed and tested with Astronauts, and you jump into next year even if it was some high value national asset,(Orion III fails significantly short of that!) or if NASA wanted to pay for more practice. (which they dont) Orion III is a lost cause and Bernie is not too shaken up about it. It was thinly contracted and no great increases were on the horizon. Loral gets money back, the profit hit is minimal. SS/L gets another contract and in a couple of years when the market improves we can have another ready to launch. Jeff Vayda P.S. In case you have not noticed, Space Shuttles have not been that busy lately. Between waiting on the Russians and Chondra delays, it has been a slow year. Which is not to say that is a bad thing the way the Gods have been swating back all the recent launches!