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


To: Valueman who wrote (1598)8/4/1998 10:50:00 AM
From: Thomas  Read Replies (1) | Respond to of 29987
 
FYI: Lockheed To Provide Phones For Romania

BUCHAREST -- (Reuters) Romania's telecommunications operator Romtelecom said on Monday that an accord it signed with U.S. company Lockheed Martin Telecommunications would provide satellite links for villages with no telephones.

It said 3,931 villages would be equipped with up to three telephone lines. The network is expected to be installed in a period of nine to 18 months after the contract comes into force. In the first phase, investment needed for the project will be some $13 million.

The agreement was signed during Romania's President Emil Constantinescu's visit to the United States earlier this month. ( (c) 1998 Reuters)

Sounds like a prospective G* customer, or maybe even VSAT's starwire DAMA technology. 9-18 months could allow them to use G* we hope. . .

Cheers,
Thomas



To: Valueman who wrote (1598)8/4/1998 4:31:00 PM
From: JMD  Read Replies (1) | Respond to of 29987
 
Valueman, damn it--don't be so rational! We're in the middle of a panic and you are expected to act accordingly.
My biggest worry right now is figuring out how to buy more G* without letting my wife know. Think I'll park 'em with my brother-in-law; she'd NEVER suspect that. :)
Thanks for the response. Mike Doyle