Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.99

+4.8%

Jan 2 9:30 AM EST

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To: Maurice Winn who wrote ()	6/13/2000 8:32:00 AM
From: Souze	Read Replies (2) of 29987

From an article entitled Getting Wired by David Pringle in today's interactive wsj: "Satellites It is also possible to offer high-speed Internet access via satellite. Israeli company Gilat Satellite Networks Ltd. claims that broadband satellite will allow consumers to download information at ten times normal dial-up speeds and upload data at about 100kb/s. The buzz: Gilat's credibility received a major boost in February, when software giant Microsoft Corp. announced it will invest $50 million (54.8 million euros) in the Israeli company. And Microsoft's MSN unit plans to launch an Internet access service in the U.S. using Gilat's satellites in the fourth quarter of 2000. Hughes Network Services, a unit of General Motors Corp., is planning to launch a rival satellite service in the U.S. at about the same time. And Hughes says it intends to offer a similar consumer service in Europe in 2001." I don't know what, if any, implications these efforts have for G*'s planned data-transfer capability.

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