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

To: djane who wrote (5926)	7/22/1999 5:04:00 AM
From: brian h	Read Replies (1) \| Respond to of 29987

djane, Reg. 400 million to G. In Q's conference call, Q changed its G* A/R to long term loan receivable. That obviously burned some cash from Q's side. I am not sure it was another 100 million or 400 million in total. Anyway, Q bets a lot on G* success too just as much as LOR. We shall see. One thing for sure. Q has a lot of confidence in its G* handsets just as much as LOR's satellites. I am not so sure about ERICY's G* handset though (downside risk). That could have an initial impact on the early roll out of G* service in China. Best, Brian H.