Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 147.19

-3.6%

3:59 PM EST

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To: Sully- who wrote (75345)	7/3/2000 2:16:50 PM
From: Jacob Snyder	Read Replies (1) of 152472

the clock is ticking for Globalstar: interactive.wsj.com I think the most likely future is that Globalstar runs out of cash in 2001, and goes bankrupt. The potential for good news on this story is nil, going forward. I see very little chance of anyone giving them any more cash, no matter what the terms. And I see very little chance of them ramping paying subscribers fast enough to be a going concern before they run out of cash. Snatching this cash, and souring relationships with their partners, is a desperation move. Hopefully, QCOM's other businesses will have upside surprises to balance the ongoing bad news from the satellite equipment business. If not, I may get a chance to pick up more QCOM, in the 50-55 range.

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