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

To: Jim Parkinson who wrote (7884)	10/18/1999 7:48:00 PM
From: Valueman	Read Replies (2) \| Respond to of 29987

Orion is another Fixed Satellite Services(FSS) division of Loral. They "specialize" in data. Internet connectivity and VSAT applications are their bag. Right now, they have Orion 1, Apstar IIR, Ku-band transponders on Agila II, and a pending launch of Orion II into the disputed 12.5 degrees West slot. That's it for launches for Orion, although they do have 6(?) Ka-band orbital slots that might prove valuable. The questionable part of Orion is the nearly $1 billion in debt(non-recourse to Loral) that they have with a slim chance of covering the interest payments without help from papa Loral.