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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.28+3.6%3:19 PM EST

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To: Investartist who wrote (15624)8/11/2000 8:13:56 PM
From: Investartist  Read Replies (1) of 29987
 
GLOBALSTAR AND WINGCAST/FROM GEORGE GILDER:

I think this is the cause for the spike in buying this afternoon. Gilder is very close with the Qualcomm people. He visited their offices fairly recently. He was trumpeting their technology when all the analysts were stomping it for the last several years. This is a post by George Gilder this afternoon.

RE: Globalstar & Wingcast
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posted to: Telecosm Lounge
poster: GG
date: 8/11/00 1:12:51 PM

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No definite word as yet (detailed implementation was beyond the scope of the deal, which focused on Internet services). But as the only global vendor of voice with multi-protocol technology and a CDMA player partly owned by Qualcomm, Globalstar will likely participate. Qualcomm sources do not discourage that assumption.
--GG
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