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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 57.65+6.5%Feb 6 9:30 AM EST

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To: Maurice Winn who wrote (2688)1/26/1999 11:09:00 PM
From: Valueman  Read Replies (1) of 29987
 
Highlights from today:

4 Soyuz launches--one in February(watch out for delays--there is a Mir Soyuz launch on the 20th we'd like to avoid clashing with), 2 in March, one in April--Deltas in May, July, August

By July, 8 gateways in service, 16 by year end 99, 22 by Q1 2000(85% of business plan).

45,000 handsets by startup, 250,000 by end of March, 2000. Production rate of 40,000 per month by end December 99.

Sat to sat handoff testing after 16 sats are up.

Phones now an inch shorter than original, and weigh less than 12 oz.(that is down from original 16 oz.). Expect to shave another inch and weight before final design

Well, I said if the TSA was signed, I would be the first to rejoice--here I am! Good news is an excellent emollient for old wounds.
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