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Technology Stocks : Loral Space & Communications

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To: Dragonfly who wrote (2329)3/24/1998 6:19:00 PM
From: Larry L  Read Replies (1) of 10852
 
Dragonfly: The launch of the first five Iridium satellites was delayed
from mid-January until May due to the failure of a Delta II launch
vehicle carrying another satellite. Should there be a launch failure of a vehicle that will carry Globalstar satellites after Iridium has its full constellation up it would be quite disastrous. If there is a failure that delays inception of service for both Iridium and Globalstar then you reduce the lead time over Ellipso and the others.
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