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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%3:59 PM EST

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To: Valueman who wrote (12190)7/10/1998 10:27:00 AM
From: Gregg Powers  Read Replies (2) of 152472
 
Valueman..

You have hurt my feelings...I love Globalstar. I want QC to sell them lots of infrastructure and lots handsets and lots of contract services and so forth. As an investor, I nevertheless view GSTRF as a leveraged bet on CDMA and Qualcomm and I prefer to limit my exposure to the top of the food chain. Said another way, I think you are undertaking venture capital risk in the expectation of a venture capital-sized return. That's a fine strategy, but one with a different risk profile (in my judgment) from an investment in Qualcomm.

Best regards,

Gregg
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