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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: djane who wrote (5919)	7/21/1999 10:32:00 PM
From: Johndee	Read Replies (1) \| Respond to of 29987

djane, Let's do Launch sometime. Johndee

To: djane who wrote (5919)	7/22/1999 1:35:00 AM
From: djane	Read Replies (1) \| Respond to of 29987

QCOM to use $400M for G* Talk : Communications : The New Qualcomm - a S&P500 company \| Previous \| Next \| Respond \| To: w molloy (2 ) From: llwk7051@aol.com Wednesday, Jul 21 1999 11:28PM ET Reply # of 6 W molloy, I think the funds requested that Lehman get qcom to add to the shares and qcom saw they could use the money. Also, remember the index funds are usually only a small part of each fund group. Their goodwill is worth something beyond a few days of temporary stock gain. Qcom mentioned in the call 800 million in commitments, about 400 million to gstrf and about 400 to guarantees of infrastructure. I assume part of these commitments are yet to be funded and the remainder maybe slow pay or even uncollectable (Russia for example) Also, they will need funds for increase in hand set sales. A/r from these will increase dramatically. Should sell almost 800,000 more phones at about 200 per phone this quarter. That alone is 160 million. That probably means 40 to 50 million needed for these receivables and related inventory. (Maybe more) In addition, expansion of manufacturing line by over 150,000 phones this calendar year will take cash. The above are just obvious uses of funds. I believe Siemens JV and China expansion are both strong possibilities. Good luck to all and I hope this board takes off. Robert d.