On Mon, 19 Jan 2004 20:14:06 -0800 (PST), in a place far, far away,
"Jon Berndt" made the phosphor on my monitor
glow in such a way as to indicate that:

The main point I was making was that I'd be very surprised if the
shareholders for Lockheed saw anything at all from the X-33 project.

They saw continued profits from Titan, Atlas and Shuttle.

How does that fit into the picture?

The dividend history for LM shows that from the beginning of 2000 to nearly
the end of 2003 the dividend was $0.11-$0.12 /share. The X-33 was cancelled
prior to mid-2001, right about in the middle of the dividend history I
mention above. It didn't appear to make even a blip on the radar screen.

What would have happened to Lockmart stock if one of their
*competitors* had gotten the X-33 contract and actually turned it into
a Titan/Atlas/Shuttle beater?

(Not to imply, of course, that this was likely, because they had their
own conflicts of interest, but it was still something worth trying to
prevent if you're making hundreds of millions off those programs)