Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.23

-0.6%

Dec 22 3:59 PM EST

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To: brian h who wrote (10236)	4/24/1998 10:47:00 AM
From: bananawind	Read Replies (1) of 152472

Brian, re Loral/Globalstar. Wow! That's what I call an interesting press release. Looks like Loral is giving some of the more financially strapped partners a way to profitably cash in part of their equity interests, *provided they use half the proceeds to buy G gateways and handsets.** Funding to come from LOR secondary and Soros. Excellent news for QCOM. I should look closer at G*/LOR, but the thought of unraveling the capital structure has me reaching for the aspirin bottle already. -JLF $10 billion sales=$1 billion net=$13.70 eps=$275 price who cares if its not this week

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