Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm-News Only -- Ignore unavailable to you. Want to Upgrade?

To: LBstocks who wrote (186)	8/8/1999 10:28:00 PM
From: DaveMG	Respond to of 426

"At Geneva Telecom, Globalstar will shatter Iridium's plans " Globalstar to compete with Iridium NEWSBYTES -------------------------------------------------------------------------------- Iridium, the troubled satellite phone operator facing an August 11 potential showdown on its finances, has another worry on the horizon - its first real competitor, Globalstar. Globalstar will be using the major European telecommunications event, Geneva Telecom, which opens on October 10 for an eight-day run, to launch its satellite phone service commercially on a global scale. Like Iridium, Globalstar is based around a series of low earth orbit (LEO) satellites, but Globalstar's key advantages are that it has a higher power output from the satellites - making for smaller handsets - and a faster data capability of 7.200 bits-per-second (bps) as against Iridium's 2,400bps facility. The first handset for Globalstar has already been launched, the Ericsson R290, which tips the scales at 350 grams - around half the weight and size of a typical Iridium unit. Despite the (relatively) small size, the R290 handset supports GSM (global system for mobile communications) 900 for terrestrial networks and the Globalstar system for when GSM 900 services are not available. Interestingly, Globalstar has been signing up roaming agreements with dozens of carriers worldwide this last six months, meaning that R290 users will only need to subscribe to a GSM 900 terrestrial network for their phone to work terrestrially, roaming on to the Globalstar satellite network when required. At Geneva Telecom, Globalstar will shatter Iridium's plans with a variety of satellite-based phone products, including lightweight portable phones, a maritime fixed phone, a car kit, and a series of payphones designed for use in remote areas. Qualcom has developed tri-mode (Globalstar/code division multiple access/AMPS) phone for the Globalstar launch, while Telital has developed a dual-mode (Globalstar/GSM) handset. Schlumberger, meanwhile, has designed a range of pay phones for use on the satellite phone network. Globalstar's service will be delivered through a 48-satellite LEO constellation that will provide wireless telephone service in virtually every populated area of the world. To date, Globalstar says it has 32 satellites in orbit and with this number will be able to initiate a progressive regional roll-out of service this fall. The gameplan is for an additional 20 satellites to be launched through the remainder of the year, so increasing system capacity and coverage, and forming Globalstar's final 48-satellite constellation with four spares. Globalstar has already successfully conducted its first series of voice calls, testing the satellite air interface, gateways, telephone units, and PSTN (public service telephone network) interconnects. The company has also been talking quietly with distributors about its planned pricing. Unconfirmed reports suggest that call rates of roughly half those of Iridium's post-July 1 rates are planned. Globalstar's Web site is at globalstar.com. Copyright (c) Post-Newsweek Business Information, Inc. All rights reserved.

To: LBstocks who wrote (186)	8/11/1999 6:04:00 PM
From: LBstocks	Read Replies (1) \| Respond to of 426

QCOM makes list of world's 100 best-managed companies: Twenty-four Firms Make First Appearance on IndustryWeek's Fourth Annual List of the World's 100 Best-Managed Companies CLEVELAND, Aug. 11 /PRNewswire/ -- IndustryWeek's fourth annual list of the world's 100 Best-Managed Companies, to be published on Aug. 16, has become an even more exclusive club this year. Whereas last year's list included 64 companies that had been winners each of the program's three years, this year's list includes only 45 companies that have won each year. Also featured on 1999's list: 24 first-time winners; 19 two-time winners; and 12 three-time winners. A searchable version of IndustryWeek's list of the world's 100 Best- Managed Companies can be accessed at IndustryWeek's Web site -- www.industryweek.com -- beginning Aug. 11. Using that database, winners can be sorted by country, industry, and a variety of financial performance measures. The 14 countries represented include: the U.S. (67 companies); the UK (8); Japan (5); Germany (5); Switzerland (3); Finland (2); Mexico (2); India (2); Ireland (1); Denmark (1); Canada (1); France (1); Singapore (1); and the Netherlands (1). The top five industries represented include: electronic/electric equipment (16 companies); pharmaceuticals (13); food (11); motor vehicles and parts (9); and chemicals (9). IndustryWeek's 1999 Best-Managed Companies include: Name City State/Country ABB Group Zurich Switzerland Abbott Laboratories* Abbott Park Illinois Alcoa Inc. Pittsburgh Pennsylvania AlliedSignal Inc. Morristown New Jersey American Home Products Corp.* Madison New Jersey Amgen Inc. Thousand Oaks California Applied Materials Inc. Santa Clara California Arvin Industries Inc. Columbus Indiana Avon Products Inc.* New York New York Baxter International Inc. Deerfield Illinois Becton, Dickinson & Co. Franklin Lakes New Jersey Bowater Inc. Greenville South Carolina BP Amoco PLC London UK Bristol-Myers Squibb Co.* New York New York Cadbury Schweppes PLC* London UK Caterpillar Inc.* Peoria Illinois Cemex SA de CV* Monterrey Mexico Cisco Systems Inc.* San Jose California Liz Claiborne Inc. New York New York Coca-Cola Co.* Atlanta Georgia Colgate-Palmolive Co. New York New York Computer Associates Intl. Inc. Islandia New York Adolph Coors Co. Golden Colorado Corning Inc. Corning New York DaimlerChrysler AG Stuttgart Germany Dana Corp. Toledo Ohio Deere & Co. Moline Illinois Dell Computer Corp.* Round Rock Texas Denso Corp. Kariya City Japan Du Pont & Co.* Wilmington Delaware Ecolab Inc. St. Paul Minnesota EMC Corp. Hopkinton Massachusetts Emerson Electric Co.* St. Louis Missouri Engelhard Corp. Iselin New Jersey Flextronics International Ltd. Singapore Gateway Inc.* North Sioux City South Dakota General Electric Co.* Fairfield Connecticut General Mills Inc.* Minneapolis Minnesota Gillette Co.* Boston Massachusetts Harley-Davidson Inc. Milwaukee Wisconsin Heidelberger Druckmaschinen AG Heidelberg Germany Herman Miller Inc. Zeeland Michigan Hershey Foods Corp.* Hershey Pennsylvania Hewlett-Packard Co.* Palo Alto California Hillenbrand Industries Inc. Batesville Indiana Hindustan Lever Ltd. Bombay India Hon Industries Inc. Muscatine Iowa Honda Motor Co. Ltd. Tokyo Japan Honeywell Inc. Minneapolis Minnesota IBM Corp.* Armonk New York Illinois Tool Works Inc.* Glenview Illinois Ingersoll-Rand Co. Woodcliff Lake New Jersey Intel Corp.* Santa Clara California Johnson & Johnson* New Brunswick New Jersey Johnson Controls Inc.* Milwaukee Wisconsin Kerry Group PLC Tralee Ireland Kyocera Corp.* Kyoto Japan Lear Corp. Southfield Michigan Lexmark International Group Lexington Kentucky Eli Lilly & Co.* Indianapolis Indiana L'Oreal Group* Clichy France Lucent Technologies Inc Murray Hill New Jersey Maytag Co. Newton Iowa Medtronic Inc. Minneapolis Minnesota Merck & Co. Inc.* Whitehouse Station New Jersey Minnesota Mining & Mfg. Co.* St. Paul Minnesota Nestle SA* Vevey Switzerland Nokia Corp.* Espoo Finland Nortel Networks Corp.* Brampton Canada Novartis AG Basel Switzerland Novo Nordisk A/S* Bagsvaerd Denmark Oracle Corp.* Redwood City California Panamerican Beverages Inc.* Mexico City Mexico Parker Hannifin Corp. Cleveland Ohio Pfizer Inc.* New York New York Porsche AG Stuttgart Germany Qualcomm Inc. San Diego California Reliance Industries Ltd. Mumbai India Rohm and Haas Co. Philadelphia Pennsylvania Royal Numico NV Zoetermeer Netherlands SAP AG Walldorf Germany Schering-Plough Corp.* Madison New Jersey SmithKline Beecham PLC* Brentford UK Smiths Industries PLC* London UK Solectron Corp.* Milpitas California Sony Corp.* Toyko Japan Sun Microsystems Inc.* Palo Alto California Texas Instruments Inc.* Dallas Texas Tomkins PLC London UK Toyota Motor Corp.* Toyota City Japan Tyco International Ltd. UK (Bermuda) Unilever Group* London UK Valmet-Rauma Corp. Helsinki Finland VF Corp. Greensboro North Carolina Volkswagen AG Wolfsburg Germany Vulcan Materials Co. Birmingham Alabama Warner-Lambert Co. Morris Plains New Jersey Wm. Wrigley Jr. Co. Chicago Illinois Williams PLC* Derby UK Xerox Corp. Stamford Connecticut * Indicates four-time winners. Among other results: * The top five states represented include: New Jersey (10); California (9); New York (8); Illinois (6); and Minnesota (5). * U.S. cities or regions with the highest concentration of winners include: San Francisco (7 companies); New York (7); Minneapolis/St. Paul (5); and Chicago (4). * Revenue growth for the 100 Best-Managed Companies from 1997 to 1998 averaged 12.7% (the leader was Flextronics International Ltd. with 62.4%). * Four of the 100 Best-Managed Companies achieved revenue growth of more than 50%: Flextronics International Ltd., 62.4%; Qualcomm Inc., 59.7%; Reliance Industries Ltd., 51.9%; and Nokia Corp., 50.6%. * Profit margins averaged 9.35% (the leader was Amgen Inc. with 31.8%). * Profit growth averaged 22.4% (the leader was Eli Lilly & Co. with 444.8%). * The company that earned the most money in 1998: General Electric Co. ($9.29 billion on revenues of $100.3 billion). * Porsche AG had the highest earnings per share with $94.83, followed by Nestle SA with $77.28 and Novartis AG with $62.99. IndustryWeek's 100 Best-Managed Companies were taken from the IndustryWeek 1000, a list of the world's largest publicly held manufacturing companies based on revenues, that was released in its June 7 issue. Waltham, Mass.- based Primark, Inc., a collector, integrator, and supplier of financial, economic, and market research information, supplied the data for the IW 1000. Each company was selected after a lengthy process that included the following four steps: analysis of the company's financial performance; review of a questionnaire that each IW 1000 company was given an opportunity to complete; research into each company's practices in areas such as philanthropy and safety; and voting by a panel of more than 100 business leaders, analysts, and academicians. Now in its 30th year, IndustryWeek serves senior executives and decision- makers in manufacturing and its supporting industries. The magazine, which has more than 800,000 readers worldwide, is published by Penton Media Inc. (NYSE: PME). Penton is a leading diversified business media company that publishes magazines and electronic information products, produces trade shows and conferences, and provides marketing and business development products and services, including direct mail lists, research, and custom publishing. Penton serves the management; design/engineering; electronics; Internet/IT; food/retail; government/compliance; leisure/hospitality; manufacturing; mechanical systems/construction; and supply chain/aviation markets. SOURCE IndustryWeek /CONTACT: John R. Brandt, Editor-in-Chief, 216-931-9443, or jbrandt@industryweek.com, or Keith Jameson, 440-331-5400, or kj@industryweek.com, both of IndustryWeek/ /Web site: industryweek.com