Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.93

-1.0%

3:59 PM EST

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To: John Stichnoth who wrote (13517)	6/15/2000 6:25:00 AM
From: Labrador	Read Replies (1) of 29987

>>Let's see if I've got this right: QCOM loses $7.4 BN in market cap when the CFO says a write-off would cost them $74 MM, as a one-time charge, and no one (analysts, management, indpendent investors) have ever included any G* earnings in their projections? << Are you sure that this dime is a one-time charge, or really a reduction in projected operating earnings? If G* were to go bellyup, what about the write-off [extraordinary-nonrecurring] of the G* receivable by QCOM? How much you this be or is this included in the 10 cent figure?

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