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Technology Stocks : WorldGate Communications, Inc. (WGAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (95)	4/21/1999 2:21:00 PM
From: John F Beule	Read Replies (1) \| Respond to of 589

Here's some old news, but a good tidbit of info: Moto Stakes Claim In TV 'Net Co. Motorola Inc. last week made an undisclosed equity investment in WorldGate Communications Inc., Trevose, Pa., as part of an $11 million funding package with four other partners supporting the TV Internet access firm. Motorola's Multimedia Group, Arlington Heights, Ill., sees WorldGate's TV convergence system as a new customer for high-speed modem and Internet surfing components. The other investors in WorldGate include Citicorp; two investment firms, Advent International and Needham & Co.; and a private investor, Alan Geery, founder of Cablevision.-J.R. Copyright ® 1997 CMP Media Inc.