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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 58.36-5.8%Feb 4 3:59 PM EST

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To: gdichaz who wrote (11206)3/25/2000 5:31:00 PM
From: Dennis Roth  Read Replies (2) of 29987
 
Chaz, you speak of the Holy Wars in the past tense, as if they were over. Ericsson changed sides in the war when they made a seperate peace with Qualcomm in March of 1999 qualcomm.com
but that does not mean the Holy War is over or that Ericsson has been forgiven in Europe for its betrayal of the cause. Ericsson has rubbed salt in the wounded pride by introducing its own CDMA phone for the Americas, the first of many to come.
ericsson.com

However, the R290 is the first Ericsson CDMA capable phone requiring approval by European regulators since it changed sides in the Holy War. Regulators may be extra cautious to protect the European consumer from possible harmful effects of this new technology and will take their time. Ericsson may have had a change of heart about Qualcomm's technology but the regulators may have not.
Foot dragging by the regulators may the the price Ericsson has to pay for changing sides in the war.
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