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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: John Curtis who wrote (16083)11/14/1999 1:54:00 PM
From: Robert Cohen  Read Replies (1) | Respond to of 27311
 
Barron's has an article about Globalstar. See link below. If our PO is with Globalstar/QCOM the following quote gives some idea of the potential market. "Schwartz's confidence is reflected in heady financial projections: generation of meaningful revenues by early next year, break-even on an operating profit basis by the end of 2000, and positive cash flow within a couple of years. Globalstar is aiming for THREE (emphasis mine) million subscribers within three years, after which both operating earnings and bottom-line net income are expected to follow."

Message 11912917

Regards,

Robert