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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: SafetyAgentMan who wrote (6801)	9/21/1999 9:03:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 10852

Dont anyone breath and lets keep knocking on wood... Jeff Vayda (Thanks to Phillips Telecon) The European launch company Arianespace is on track to launch a Loral Skynet [LOR] Telstar 7 communications satellite into space on Saturday, according to company executives. At our deadline today, Arianespace engineers were preparing for tomorrow's launch rehearsal and a launch-readiness review on Wednesday. The launch countdown begins Friday. The Telstar, which will provide transmission services for cable TV networks, was to have been launched in the spring aboard a Lockheed Martin Corp. [LMT] Atlas III launch vehicle. But a long series of delays with the Atlas program caused Loral to turn to Arianespace for the launch. The launch for Arianespace would be the fifth of the year. The last launch was in early September of a Koreasat communications satellite (ST, 9/7). Saturday's launch will be of an Ariane 44LP equipped with two solid-propellant and two liquid-propellant strap-on boosters. The launch will be from Kourou, French Guiana. * For more information on Arianespace launches, read our sister publication SPACE BUSINESS NEWS.