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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: His Pinkness who wrote (14737)	9/8/1998 10:56:00 PM
From: Jon Koplik	Read Replies (1) of 152472

To all - looks like IRIDF is really "up there." September 8, 1998 Iridium Satellite System Completed Filed at 9:53 p.m. EDT By The Associated Press VANDENBERG AIR FORCE BASE, Calif. (AP) -- Five satellites that will complete the $5 billion Iridium global communications system were launched into space Tuesday. The Boeing Delta II rocket, which was similar to one that blew up over Florida last month, carried a cluster of satellites into polar orbit to complete the Iridium system of 74 satellites. Motorola Corp. leads the consortium building that the network, which is supposed to be operational by Sept. 23. The system will be capable of providing wireless telephone, data, fax and paging services globally. The launch is the last in a series from the U.S., China and Russia. It was originally scheduled for last Friday but was postponed after a lightning strike damaged tracking equipment at Point Mugu Naval Air Weapons Station, according to Vandenberg officials. It was the second delay for the rocket. The launch had been scheduled for Sept. 1 but was pushed back after a Delta III model blew up after liftoff from Cape Canaveral, Fla., on Aug. 26. Boeing investigators blamed a steering system failure. The Delta III's system was derived from that of the Delta II, and the Iridium launch was put on hold for a few days to ensure there were no problems with the Delta II. The Iridium project also was delayed in January 1997 when a Delta II carrying Air Force guidance satellites exploded. A cracked booster motor casing was blamed. Copyright 1998 The New York Times Company

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