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

To: Jeff Vayda who wrote (8049)	10/27/1999 9:49:00 AM
From: Rocket Scientist	Respond to of 29987

Jeff, I agree w/ you completely on this...I'd add that a year ago BLS said we'd have eleven G* launches in 1999, deploying 44 sat's. I never expected that would happen on time, without failure, but so far it has. I think the GWs and UTs are a little behind the space segment at this point because it would have been foolish to invest too much capital in those items when any single launch failure could have set the program back months. BLS has retired a lot of risks these last 12 months: launch schedule, "will the system work," and financing. I'm quite confident the GW and UT slippage is neither serious nor a sign of lossed confidence on part of SPs.