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

To: limtex who wrote (2743)	2/2/1999 2:19:00 PM
From: Jeff Vayda	Read Replies (3) \| Respond to of 29987

Globalstar Delay> Russia delays launch of four US communications satellites by one day BBC Monitoring Former Soviet Union - Political Text of report in English by ITAR-TASS news agency Moscow, 2nd February: The launch of four US Globalstar communication satellites by a Russian Soyuz rocket booster from the Baykonur space centre {in Kazakhstan} is postponed for a day. It was initially planned for 8th February, sources at the Russian Space Agency told ITAR-TASS on Tuesday {2nd February}. A reason for the delay is a malfunction of a satellite system, well-informed sources said. The Americans decided not to repair the system, but abstain from its use. (my bold) This will be the first of 12 launches of the Russian Soyuz rocket boosters carrying 48 American Globalstar satellites to orbit. At first, the Soyuz was expected to do only three launches and the Ukrainian Zenit rocket boosters were to do the rest (12 satellites in each launch). However, it was decided to continue using the Russian boosters after the destruction of 12 Globalstar satellites in a flopped launch of a Zenit in September 1998. (Copyright 1999) That is very interesting! Wonder what is going on. I also like the fresh view from the Russian wire report of a flopped launch of a Zenit Jeff Vayda