Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.18

-1.8%

3:59 PM EST

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To: leo_bloom who wrote (10155)	2/18/2000 3:46:00 PM
From: JGoren	Read Replies (2) of 29987

If you listen to the rest of the qcom analyst conference, the emphasis on where qcom puts its resources to spur cdma growth and qcom shareholder value, you will feel a lot better about G; qcom wouldn't have done it unless it is confident G will be big commercial and profit-making success. for example, one of things qcom said it would use proceeds of the July stock offering was to make investments in cos, ventures that would spur cdma growth; mgt stated that the places it has already invested were worth, I can't recall, many times the money invested. that's the philosophy qcom looks at--grow its own biz and make money with the increase in value of the successful biz it invests in. ie, holds true with G* too. qcom hasn't made any major blunders yet, so keep the faith

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