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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.50+1.1%1:21 PM EST

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To: Jeff Vayda who wrote (8399)11/17/1999 1:54:00 PM
From: Len Hannegan  Read Replies (1) of 29987
 
With the market
taking notice of the potential impact of HDR, Qualcomm's stock has soared
over the past two weeks. Naturally, the question arose as to how HDR
might affect Globalstar Telecommunications (GSTRF, $28), of which Qualcomm
is the 17% owner. Essentially, Globalstar reports that the HDR technology
is not presently compatible with its system but should be soon. With
limited bandwidth on a satellite, HDR would compete with voice service and
likely be priced the same. All in all, HDR represents a potential upside
for Globalstar as it may provide more reasons to use the Globalstar
service and may increase the per minute usage per customer.
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