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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: David Wiggins who wrote (9447)	1/11/2000 8:42:00 AM
From: Sawtooth	Respond to of 29987

<<Looks like no news about GM's mobile telecom 'partner'>> Some news related to autos and wireless. .........VVVVVVVVVVVV Jan 11, 2000 Motorola and IBM Link to Develop Advanced Auto Technologies Research Director: Dave Sterman (01/11/00) Motorola (NYSE:MOT - news) and IBM (NYSE:IBM - news) , a pair of tech titans known for their massive R&D efforts are joining forces to capture what is expected to be a large and lucrative market in the field of car-based Internet communications. News of the deal partially accounts for the $11 rebound in Motorola shares in Monday trading. Within a few years, major auto makers hope to provide internet and e-mail access, emergency roadside assistance, and better in-vehicle navigation systems to consumers. Though many of these technologies will first appear as options in luxury automobiles, they will be sold in all types and barnds of vehicles. Indeed major truck manufacturers are already rolling out many of these services. Motorola?s know how in the field of wireless communications makes it a natural partner for IBM. IBM, for its part, hopes to generate revenue from the operation of service centers. Major U.S., European, and Japanese firms are working on rushing similar systems to market. Cracking the U.S. market may prove difficult as GM?s (NYSE:GM - news) former subsidiary, Delphi Automotive Systems (NYSE:DPH - news) , and Ford?s (NYSE:F - news) Visteon subsidiary, are working on the development systems. Just last week, Delphi inked $2.5 billion in deals with GM and others to develop Internet-based products for cars. Shares of Motorola also received a boost from the just announced merger between America Online (NYSE:AOL - news) and Time Warner (NYSE:TWX - news) . Time Warner already is a major customer of Motorola?s General Instrument subsidiary. GI?s set-top boxes handle a wide-range of Internet-enabled programming, and could play a key role in the ongoing roll-out of AOL through cable systems. fnews.yahoo.com