10-4-95. Jared Sandberg writes in The WSJ on a new Internet payment system by MasterCard, IBM, Netscape, CyberCash and GTE. Says the specs were published yesterday. Another WSJ report is on Lockheed Martin's proposal for a new communications satellite system. John Markoff writes in The NYT on AT&T's proposed new 12- satellites system. $ for Qualcomm. Another NYT piece is about "naysayers" of satellite services. And, Financial Times has a bountiful insert on Information Technology, with a lead story on Internet security, black- hearted hacking and, to the rescue, princely encryption and authentication. Or is the blanco prince a negro hacker? All these bleating for mana at Telecom 95 manana in gelt- berotten Geneva.