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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.56+10.2%Nov 28 9:30 AM EST

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To: TechnoWiz who wrote (14198)12/9/1997 2:55:00 PM
From: blue_lotus  Read Replies (1) of 27012
 
Hi Techno Wiz,

> Just heard a phone company called a Globalstar touted... any ideas on this one?

Globalstar is going to provide sattelite bassed wireless telecommunications using low-earth orbiting sattellites and CDMA digital technology.

The System is supposed to go functional in the first quater of '99.

The main technology contributors are QCOM or Loral, with a myraid of different companys that form the GlobalStar Limited Partners (GLP).

Some would say that Globalstar is in competition with Motorolla's Irridium project, but I think they address slightly different market segments.

The main risk issues for Globalstar in the comming year is the statellite launches.

The stock is already up a lot and may go up a lot more as the risk issues are resolved.

-Raj
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