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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 58.69+1.9%2:19 PM EST

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To: Maurice Winn who wrote (26156)10/2/2007 5:24:13 AM
From: Maurice Winn  Read Replies (1) of 29987
 
Double wrong: <With 8 satellites due to launch in April, that should rescue the old constellation sufficiently to struggle through to the second constellation launch.

Due to many failed satellites in the first constellation, there are holes, which means sporadic coverage and more dropped calls. The design life of the first constellation was 7 years, but most of them are going to battle through to 10 years.
>

8 satellites were NOT launched in April. 4 of them are still waiting to be launched at the end of October.

Most of the satellites will NOT make it through to 10 years. Now, Constellation 2 is NOT going to be early 2009 and might not even be late 2009 on latest timing. At best only half will be ready late 2009 for launch.

Mqurice
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