Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.88

-0.5%

Nov 14 9:30 AM EST

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To: Jeff Vayda who wrote (9972)	2/8/2000 9:48:00 AM
From: Jeff Vayda	of 29987

From Loral's published results: financialweb.com All 48 of the satellites launched for the Globalstar system, 40 of them in 1999, are in excellent working order. Four additional satellites, to serve as in-orbit spares, are to be launched tomorrow, February 8th, on a Delta II rocket from Cape Canaveral. Eight additional satellites, to be available for launch over the next 18 months, have been ordered from Space Systems/Loral. (my bold) Increase in system capacity? 18 months. Lets see - at current Loral terminology... that puts the increase constellation firmly into 2009. Jeff Vayda

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