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

To: djane who wrote (1575)	8/3/1998 2:07:00 PM
From: Valueman	Read Replies (2) \| Respond to of 29987

From recent G* filing: "In addition, SS/L holds options on 12 additional Delta launches on Globalstar's behalf and has been informed that additional Soyuz launches are likely to be available, which would be sufficient in the aggregate to launch 48 additional Globalstar satellites. The use of additional Delta or Soyuz launchers could increase Globalstar's launch expense and, because firm launch dates have not been assigned, would not eliminate entirely the anticipated delay associated with a Zenit launch failure." This I consider quite a positive in case of a Zenit failure.