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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 50.66+5.0%3:42 PM EST

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To: Maurice Winn who wrote (10671)3/9/2000 2:25:00 PM
From: pcstel  Read Replies (4) of 29986
 
Maurice:

Sorry for the less than "idealistic Chamber of Commerce" weather in San Diego.. Although we do have some sunshine today.. The shareholders meeting downtown was not as convenient as the old Building Q IMO.. I am sure you have had time to pass by and see the ERCIY sign on the old Building Q. Kind of sad, for the sentimental types..

As an "old time" QCOM shareholder.. If you stayed for the Q&A session?? Then I was wondering what your opinion on the 500 million in G* vendor financing that Tony spoke about at the shareholders meeting.. I was the one who drilled him on the Jan. 1, 2000 (13 million dollar) payment that Globalstar did not make, and the status of the 400 million in new vendor financing, and the 100 million in "old" VF that will be revolved into the new package.. Total 500 million?? Do you see this as a "prudent investment" for QCOM...

Thanks for your time..
PCSTEL
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