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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.25

+6.2%

Dec 19 9:30 AM EST

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To: Jim Parkinson who wrote (1412)	7/3/1998 11:44:00 AM
From: Valueman	Read Replies (1) of 29987

For July 3, 1998 Unpaid power bill may delay launch of new Mir crew MOSCOW - The next crew to live aboard the Russian space station Mir may not launch on schedule next month, the Itar-Tass news agency reported on Thursday. The two-week delay, the report said, would be possible because of unfinished processing work on the Soyuz rocket. The work was delayed when electricity was turned off at the Baikonur Cosmodrome launch site. On Thursday, Yuri Semyonov, president of Energia, confirmed to Itar-Tass that the launch may be postponed as Baikonur's power was turned off because of an outstanding debt. The crew includes Gennady Padalka, Sergei Avdeyev and Yuri Baturin.

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