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To: Wyätt Gwyön who wrote (49207)	11/28/2001 4:18:22 PM
From: Cosmo Daisey	Respond to of 54805

MM, Have you considered potential income from the QCOM investment in GSTRF? WASHINGTON, Nov 15 (Reuters) - Globalstar Telecommunications Ltd. (NasdaqSC:GSTRF - news) will likely seek protection under bankruptcy laws even if a deal cannot be reached with its primary creditors on a financial restructuring plan, the company said in a regulatory filing on Thursday. The troubled mobile satellite telephone company said earlier this week it was finalizing a voluntary bankruptcy and cutting about 29 percent of its work force. Its shares have been halted on Nasdaq since Tuesday at 65 cents. ``Globalstar will likely seek protection under the federal bankruptcy laws even without a prenegotiated settlement with its principal creditors,'' the company said in its quarterly earnings report filed with the Securities and Exchange Commission. Globalstar said if the negotiations are successfully concluded, the company will enter Chapter 11 bankruptcy protection and seek to confirm a plan to reorganize. The company said it was overdue paying vendors Qualcomm Inc. (NasdaqNM:QCOM - news) $14 million and Space Systems/Loral Inc. (NYSE:LOR - news) $9 million, and Qualcomm had issued a ``notice of termination of the development agreement'' effective on Thursday. ``Globalstar is in negotiations with Qualcomm on this matter,'' the company said in the filing. cdaisey@big-bucks.com

To: Wyätt Gwyön who wrote (49207)	11/28/2001 4:52:41 PM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 54805

Your numbers are out to lunch, cagr for wireless handsets conservative at 10%? You are nuts. By 2010 ever country of the world will have dominantly wireless phones, not to mention other wireless devices. The numbers you quote change dramtically using growth rates of 15 or 20%. As far as the PE goes, a company that reaps money from royalties deserves a p/e a lot higher than 25, maybe 25 for the chip business..........not the royalty business. As for Cosmo's comment on G, imho G is dead. Caxton

To: Wyätt Gwyön who wrote (49207)	12/3/2001 4:04:59 PM
From: Apollo	Respond to of 54805

MM, exactly how is it that you expect the share price to reach $600? Thank you for taking the time to do some math. It is interesting. First, I didn't "expect"; what I said was I was "hoping". Second, I'm looking for growth in 2 areas you didn't mention, outside of handsets. 1. non-handset CDMA devices, ie laptops, fixed wireless, PDA's, etc. Let's also remember that this is restricted to human-to-human, or human-to-machine. This doesn't even touch on M2M, a distinct possibility by 2010. 2. Novel, unanticipated sources of licensing, chips......eg, telematics in automobiles, earth to air communications, and such other possibilities that you and I haven't the imagine to "expect" now for 2005-2010. Nevertheless, I appreciate the time you took to write your post, and I appreciate hearing from you the conservative view. Apollo