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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: David D. who wrote (21094)	11/12/1997 10:51:00 AM
From: soyeo	Respond to of 41046

All: GLOBALSTAR DELAYS SATELLITE LAUNCHES This am's LATimes: Globalstar said the start of its satellite-based telecommunications services will be delayed because further testing is needed on equipmen that will monitor its satellites. The additional testing will push back the launch of the first four satellites in Globalstar's planned orbiting network to February, about 2 months later than scheduled. That delay will put off the scheduled launches of the other 40 satellites set for next year. As a result, Globalstar customers will wait until the first quarter of 1999 for the voice & data communications services, which were supposed to be available in late 1998. Globalstar, based in New YJork, is owned by several satellite & Telecommunications companies, including Loral Space & Communications Ltd., Qualcomm Inc., Alcatel Alsthom and Hyundai Corp.