Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.88

-0.5%

3:59 PM EST

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To: biostruggle who wrote (15900)	8/18/2000 8:23:30 AM
From: Gregg Powers	Read Replies (2) of 29987

Marvin: Explain something to me...Qualcomm's total investment in NetZero and Globalstar aggregate to less than $1 billion pre-tax. Assuming, as you have, that both investment net to zero (pun intended), then the after tax delta would be less than $600mm. Qualcomm has 800 million fully-diluted shares outstanding, so we are talking about an economic impact on the order of $0.75 per share. Hardly something to lie in bed worrying about...don't you think? It is most useful to separate psychology from quantitative reality.

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