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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (40799)	11/16/2000 7:01:26 AM
From: StocksDATsoar	Respond to of 52051

WOW.....CHECK THIS OUT......KSA.V ON THE CDNX....WHAT A STORY BREWING...... NOT A BUY RECO ON KSA BY ANY MEANS. KSA.V just check out these awesome possibilities. biz.yahoo.com biz.yahoo.com cbs.marketwatch.com starband.com Little KSA.V on the CDNX is 37% owned by GILTF (Gilat) and 37% by Global Space Investments. GILTF own Spacenet Inc, which in turn owns 44.7% of Starband (ipo STRB). Also DISH (Echostar) owns 19% of Starband, and MSFT own 19% of Starband. MSFT is selling the service in the US through 7000+ Radio Shacks. "Under the MOU, Global, Gilat and KSAT have also agreed to work together to identify an appropriate joint venture partner in Mainland China, develop a business plan for the delivery of Internet services to homes in China under the "Gilat To Home-China" brand name and establish a Sino-Foreign joint venture enterprise which will have an exclusive right to offer broad band internet access via satellite in China. KSAT has also agreed to pay US$1,058,500 to Gilat for the installation of an upgrade to KSAT's existing hub to provide Internet Protocol connectivity and two-way broadband Internet access via satellite to enable KSAT to provide demonstrations and services for the proposed venture. Under a separate amending agreement, Global, Gilat, KSAT and Wan have also agreed to amend their shareholders' agreement to give Gilat the right to appoint the Chairman and Chief Executive Officer of KSAT. KSAT is in the satellite telecommunications business in China."