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

To: djane who wrote (4156)	4/25/1999 4:32:00 AM
From: djane	Read Replies (1) \| Respond to of 29987

New Payload for Russian SS-18s updated 3:00 a.m. 24.Apr.99.PDT by Leander Kahney 2:30 p.m. 23.Apr.99.PDT In a unique form of beating swords into plowshares, a decommissioned Russian nuclear missile has put a commercial satellite into orbit. Instead of its original mission -- dropping a nuclear warhead on a Western city -- an SS-18 intercontinental ballistic missile fired a British telecom satellite into low Earth orbit on Wednesday. Launched from a silo in Kazakhstan, in Central Asia, the mission marks the first time a decommissioned nuclear missile has been used for a commercial space launch, said Surrey Satellite Technology, which built the satellite. "It was quite spectacular," said spokeswoman Audrey Nice. During the launch, the missile was ejected from its silo by a large explosion, and the rockets lit about 40 meters above the ground, Nice said. Nicknamed "Satan" by NATO, the SS-18 was the most powerful intercontinental ballistic missile of its era. It was capable of delivering a single 25-megaton nuclear warhead, or multiple smaller warheads, and was significantly larger than its US equivalent, the Peacekeeper. First deployed in 1975, the SS-18 is a two-stage, liquid-propelled rocket. Most SS-18s were targeted at Western nuclear missile silos, though up to 1,000 may have been aimed at Western cities. Most of the Soviet Union's SS-18 arsenal was decommissioned as part of the 1991 Strategic Arms Reduction Treaty, and about 160 rockets were acquired by Moscow-based Kosmotras, a Russian space company, for commercial launches. "The Russians have a large amount of rocket power and they have to dispose of it," said Nice, noting that prior to Wednesday's launch the Russians had performed 153 test flights. "They have to get rid of them one way or the other." Even though the missile was decommissioned, engineers from Surrey Satellite Technology weren't allowed near it after handing over the satellite to the Russians, Nice said. For civilian use, a converted SS-18 can lift four tons of payload into orbit. Wednesday's launch lifted only the Surrey Satellite Technology's 350kg, multipurpose minisatellite. Nice said that using old nuclear missiles instead of commercial rockets should save money, although she declined to estimate how much. The satellite, insured for US$3.5 million, will be used for scientific Earth observation and digital communications. As for the SS-18, another one is scheduled to put four satellites into orbit simultaneously, Nice said. Surrey Satellite Technology, based in Guildford, has built 16 civil and military satellites for customers that include the US Air Force and the French Ministry of Defense. The company previously used Ariane, a European space company; Delta, an American firm; and the Russian Space Agency, which uses conventional launch rockets.

To: djane who wrote (4156)	4/25/1999 4:38:00 AM
From: djane	Respond to of 29987

Weekly Second Opinion - GSTRF 04/26/99 [TA says...G* is a buy and under accumulation. Well, TA finally capitulates at $20, not from $13-$19.] Symbol: GSTRF Name: GLOBALSTAR TELECOM Exchange: NMS PRICE ANALYSIS Wk. Close 19.97 Wk. Open 20.06 Wk. High 20.50 Wk. Low 17.88 Wk. Change -0.03 YrHigh 36.13 YrLow 8.31 Mo Chg (%) 29.3 Resistance 20.78 Support 19.63 SELL STOP 12.13 Volatility (%) 8 Position 86 ADXR 27 OPINION C-Rate 14.9 LONG 04/26/99 19.97 VOLUME ANALYSIS Ave Daily Vol 13811 Mo Chg (%) 87.7 U/D 1.1 Slope UP Obv BL Pos Obv BL Neg Obv BL MFI 85 Slope UP UPGRADED TECHNICAL ANALYSIS Alpha -0.23 Beta 1.75 MACD-ST BL MACD-LT BL 50-Day R.S. 1.00 10-Day M.A. UP 101 21-Day M.A. UP 115 50-Day M.A. UP 119 200-Day M.A. DOWN 112 STO(Slow %K) 71 STO(Fast %K) 80 Wilders-RSI 64 OBOS 1 Bollinger Bands 61 RSV 42 POWER RATING 80 SCORE = 0 COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a STRONG UPWARD TREND Relative Strength is NEUTRAL Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH LOOK FOR SUPPORT AT 19.63 WATCH FOR RESISTANCE AT 20.78 RECOMMENDATION STOCK IS A BUY MarketEdge & Second Opinion are neither offers to sell nor solictations of offers to buy any security.

To: djane who wrote (4156)	4/25/1999 4:56:00 AM
From: djane	Read Replies (2) \| Respond to of 29987

120 million China Telecom subscribers chinaonline.com China's Telecommunication and Postal Sector Saw Strong First Quarter Growth (4/23/99) China's telecommunications and postal sector recorded strong growth during the first quarter, reported the industry's regulatory agency, the Ministry of Information Industry (MII), in the April 20 Renmin Youdian Bao (People's Posts & Telecom). The telecom sector saw a 36% jump in business volume during the first quarter to reach RMB 64.5 billion (US$7.8 billion) year-on-year. China Telecom's revenue increased 22% during the same period to RMB 49 billion (US$6 billion). China Unicom's revenue reached RMB 740 million (US$89 million), an increase of 14% from last year. During the first quarter, China Telecom signed up 9.2 million new telephone subscribers, an increase of 31% year-on-year. This brought the company's total number of subscribers to 120 million. Sales of program-controlled switching systems grew to 5.5 million lines, an increase of 65% year-on-year. Computer sales increased 5% to 1.1 million unit sales. The MII reported that combined business volume for the posts and telecommunications sectors was RMB 68.7 billion (US$8.3 billion), a 32% increase year-on-year. During the first quarter, China's electronics industry saw output value of RMB 135.9 billion (US$16.4 billion), an increase of 37% year-on-year. The total business volume of the postal sector for the first quarter was RMB 4.2 billion (US$506.7 million), an increase of 5% year-on-year, and 21% of the government's planned growth for the industry in 1999. © ChinaOnline 1999.