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

To: slacker711 who wrote (13546)	6/15/2000 1:08:00 PM
From: Jeff Vayda	Respond to of 29987

slacker711: Very nice find. I personally like the positive slant to the use of G* for the 'common good'. No doubt someone is preparing a 'Bernie gives the store away' article to drive the stock price lower. "The preparation of mobile phones for the Inter-Korean summit meeting via Globalstar was secretly arranged by Dacom and Chong Wa Dae for an entire month. Because the cellular phones contain a chip from Qualcomm, which is included as an item that is forbidden to enter an enemy state according to Department of Commerce authorities, the government officials obtained special permission through the Korean ambassador to the United States. Dacom said that Qualcomm and the Globalstar consortium of the U.S. agreed to actively support the Inter-Korean summit due to its historical significance. The biggest stumbling block for the South Korean delegation was in obtaining official permission from North Korea. The problem was resolved when President Kim Dae-jung explained that a means of emergency communication by state authorities was necessary. Dacom modified existing software to prevent interruptions that could occur while in the North, including wiretapping. ' Jeff Vayda