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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.85+5.4%12:51 PM EST

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To: djane who wrote (1575)8/3/1998 2:07:00 PM
From: Valueman  Read Replies (2) of 29987
 
From recent G* filing:

"In addition, SS/L holds options on 12 additional Delta launches
on Globalstar's behalf and has been informed that additional Soyuz launches are
likely to be available, which would be sufficient in the aggregate to launch 48
additional Globalstar satellites. The use of additional Delta or Soyuz launchers
could increase Globalstar's launch expense and, because firm launch dates have
not been assigned, would not eliminate entirely the anticipated delay associated
with a Zenit launch failure."

This I consider quite a positive in case of a Zenit failure.
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