Deal to make money off the moon to rely on creativity and flexibility

Article Abstract:

Arlington, VA-based LunaCorp and the Robotics Institute of the Carnegie Mellon University are expectant that they will be able to send by July 2002 the solar-powered Polaris moon buggy to the north pole of the moon. The mission is a component of LunaCorp's efforts to secure a commercial niche in the moon, where it seeks to utilize remotely-piloted robot technology on the moon as attractions for theme parks. LunaCorp, however, chose to modify its business plans, venturing into lunar-robotics-mission plans that combine scientific and entertainment applications as a result of changes in commercial and scientific interests.

Comment:

Is expectant that it will be able to send by July 2002 the solar-powered Polaris moon buggy to the north pole of the moon

Strategy & planning, Guided Missile and Space Vehicle Manufacturing, Lunar Roving Vehicles, LunaCorp., Lunar rovers

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AOL's Case gets options worth $65.3 million

Article Abstract:

America Online Inc. (AOL) has awarded Stephen Case, the company chairman and chief executive, options of potential value of $65.3 million if the firm's stock increases 10% annually through the year 2007. Based on AOL's proxy statement forwarded to the Securities and Exchange Commission, the firm has awarded Case two groups of options in fiscal year 1998. Case received a salary of $426,667 and a bonus of $750,000 in fiscal 1998.

Comment:

Awards Stephen Case, co chairman & chief executive, options of about $65.3 mil if co's stock increases 10% a year through 2007

Specialized Telecom Services, Wired Telecommunications Carriers, Management development, Internet services, America Online Inc.

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