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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: John Rieman who wrote (36183)9/23/1998 9:58:00 PM
From: J Fieb  Read Replies (1) | Respond to of 50808
 
Alaweed's got big bucks in teledesic SEPT. 28 Biz Wk

Saudi Prince Alwaleed bin Talal bin Abdulaziz Alsaud has invested $200 million. In May, Motorola scrapped its own plans for a data-satellite network and took a 26% stake in Teledesic. Alwaleed expects the project will yield annual returns of 30% to 40%. ''The real payoff is in the long term,'' he says.

I think he should put that money into CUBE/DIVI.