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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (8294)	3/14/1999 5:05:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9980

Re: Ban on Satellite to China Thread, Well after a little digging, it appears the cancellation has nothing to do with GSTRF. I believe all their launches are either from Cape Canaveral or Russia. But it does appear a few satellites of Iridium were launched in China. I think I also recall, some were launched from a Boeing jet. So the news about the $450 million cancellation could still have nothing at all to do with IRID. I'm really curious because $450 million is a lot of money but it's hard to figure out exactly what that means? Was China actually buying for $450 million (US$) a satellite? Or getting paid for a launch or a bunch of launches? MikeM(From Florida) ---------------------------- TWO IRIDIUM SATELLITES SUCCESSFULLY LAUNCHED (WASHINGTON,D.C., December 19, 1998) Two Iridium satellites were successfully launched on board a Chinese Long March 2C/SD rocket from the Taiyuan Satellite Launch Center in China. It was the 19th consecutive successful launch for Iridium in 19 months.