[FT] Missile & Fighter Reloads

Now for a slight change ... 

In More Thrust [MT] I have the impression that you can fire as many
missiles
as you want to each turn, as if each missile has its own "launch bay." 
Any
thoughts on "Missile Launchers" and stores of missiles, reload times,
etc?

Sort of the same for fighters.	You have fighter bays and fighter
groups, but
can you have fighters more fighters than you have bays?  

Thanks
John