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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (5087)	12/29/1998 6:58:00 PM
From: Ok2Launch	Read Replies (1) of 10852

Latest update from IR . . . The following info is courtesy of H.Cohen on the AOL board- The following are updates from Loral/Globalstar Investor Relations: 1. The SatMex 5 has reached final orbit and the antenna and solar arrays have deployed successfully. All systems appear to be healthy. 2. Waiting for the TSA to be transmitted and signed. Note: A formal signing ceremony is not required and the signatures can be transmitted with the document. 3. The G* engineers are very confident that service will begin 3Q/99 and a late January launch is still possible. The following info courtesy of pzepsilon on the Yahoo board: From Jeanette at LOR/G IR: G* is expecting that they will be able to begin the 30 day countdown prior to the actual signing of the TSA based upon a go ahead from the State Dept. Therefore, the launch may take place shortly after the signing rather than 30 days after the signing.

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