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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (72293)	5/24/2000 10:13:00 AM
From: Jeff Vayda	Respond to of 152472

All: Found the reason for Q's decline. From Tabler on Globalstar thread, commenting that Qualcomm enlarged and extended $500 million in loans/warrants to Globalstar, due 2003: Then they realized that this had been revealed from way back and means nothing because gstrf already owes qcom the money and qcom is just delaying it now thereby saving their own ass and earnings. If qcom didn't do it then qcom's earnings would disappear ...being wiped out by this deficit. Then what would happen to qcom's stock? Hope this brightens an otherwise overcast day. Jeff Vayda