Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: brian h who wrote (7396)	9/15/1999 11:42:00 PM
From: Jon Koplik	Respond to of 29987

I hope the G* handset did not explode. Jon. eom.

To: brian h who wrote (7396)	9/25/1999 3:15:00 AM
From: brian h	Respond to of 29987

All, It looks like LOR has a real collateral for G* now. :-) Thanks to Justin Ray's report. Update for 3:03 a.m. EDT Loral's Telstar 7 arrived in space early this morning aboard an Ariane 4 rocket. The launch was the 47th consecutive success for Arianespace's workhorse booster. The satellite was originally scheduled for launch aboard Lockheed Martin's maiden Atlas 3A vehicle, but Loral officials switched to Ariane just two months ago due to delays in the Atlas program. The first Atlas 3A is in storage awaiting a new payload, likely to be EchoStar 6 to be launched next spring. Over the coming weeks, the Telstar 7 spacecraft will circularize its orbit to geostationary altitude of 22,300 miles and the solar arrays and antennas will be deployed. Also, testing will be performed of the spacecraft's systems and communications payload. Control of the spacecraft will be given to Loral Skynet for operations at the end of October. The next Ariane launch is scheduled for the night of Oct. 18 when an Ariane 44LP rocket will carry the Orion 2 communications satellite into space for Loral. Brian H.