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

To: djane who wrote (3909)	4/15/1999 11:33:00 AM
From: djane	Read Replies (1) \| Respond to of 29987

Wired. Globalstar: Russia launched a set of four Globalstar communications satellites on Thursday in Kazakhstan, the third such launch in the company's beleaguered effort to offer worldwide mobile telephone service. Globalstar lost 12 satellites in a single rocket explosion in September 1998 at the same launchpad, and the program had been stymied by snags in a trade agreement between the United States and Russia. The launches are important to Russia's space operation, too. It earns precious cash from commercial launches, but the United States has threatened to curb expansion of the program if Russia does not end what Washington says are exports of nuclear and missile technology to Iran. wired.com