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Gold/Mining/Energy : Gold Price Monitor

GDXJ 108.29

-0.9%

4:00 PM EST

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To: John Hunt who wrote (36778)	7/7/1999 12:54:00 PM
From: banco$	Read Replies (2) of 116790

OT, reminder...satellites will reencounter the other half of the meteor storm this fall. A major meteor storm is encountered about every 30 years or so, but this time the earth traverses the meteor path in two portions rather than one through the center. Although the meteors are very small, there are numerous and have the capacity to disable satellites because they produce a powerful electrostatic charge upon impact. Even hitting a solar panel can cook one. About the only precaution satellite operators have is to rotate the hundreds of satellites in order to make them smaller targets. 30 years ago there were only a fraction of today's satellites in orbit; today there could be about 2,500 and 500 appear to be most critical from reading various bulletins last fall.

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