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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (33017)	6/23/1999 6:27:00 PM
From: djane	Respond to of 152472

Special bonus feature (excerpt from the new book Turn of the Century by Kurt Anderson, p.408) _____________________________________________________________ "A friend at home," says Willibald, the cutest and most stylishly sallow of the sallow German programmers, "says he was informed that the explosion of that big American telecom rocket at Baikonur in Russia was a hack that went bad." "Globalstar," says the other German, Humfried, who's wearing a TELETUBBIES T-shirt. "The Globalstar Corporation," he elaborates, pleased to repeat the company's perfectly sinister name. "Or maybe a hack that went right," Bruce says, getting into the late-night James Bond spirit. "Globalstar's value went down, I don't know, about half a billion dollars five minutes after those satellites blew up." "So somebody who, like, hated the company did it?" Fanny asks. "Well, somebody who wanted the stock of the company to go down, maybe," Bruce says. _________________________________________________________ Fascinating reference, eh? Based partly on Cramer's recommendation in thestreet.com, I bought and read the book during my recent vacation. In interviews, Kurt Anderson said he spent months watching Cramer doing his trading thing and based one of his characters (Ben Gould) on him. My guess is that Anderson was hanging out with Cramer in early 9/98 when the G* satellites crashed. Cramer later wrote that he bought some G* in the 9s/10s after the crash. P.S. My book review? Way too long, a little too much NY insider references and not enough trading stuff, but pretty entertaining overall.