News Corp (NYSE:NWS) or Murdoch vs. Gates Message Board

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Technology Stocks : News Corp (NYSE:NWS) or Murdoch vs. Gates

NWS 30.20

-0.2%

Jan 9 9:30 AM EST

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To: esecurities(tm) who wrote (23)	6/17/1997 4:31:00 PM
From: esecurities(tm)	of 67

Motorola declares war on Gates' Teledesic. "...MAJOR COMPANY/INDUSTRY NEWS: (All prices as of 10:35am EDT) ** MOTOROLA INC. (MOT: 70-7/8, + 1-1/8), looking to raise its profile in the satellite-systems business, is planning to launch a $12.9 billion network that would deliver high-speed data and video to businesses, broadcasters and telecommunications companies, the Wall Street Journal said. The Journal said the venture poses a direct challenge to wireless pioneer Craig McCaw and his Teledesic Corp, a proposed $9 billion high-speed satellite system that has attracted such investors as Microsoft Corp. Chairman Bill Gates..." source: Mercury Mail Closing Bell additional info @ biz.yahoo.com

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