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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (4300)	3/4/2002 12:08:46 PM
From: John Carragher	Respond to of 12231

NEW YORK (CBS.MW) - Shares of telecommunications companies were divided in Monday action. Equipment stocks pushed higher, but phone stocks pulled back. The biggest action took place in the wireless sector. Stocks fell after Goldman Sachs downgraded the entire sector, citing falling prices and tepid near-term prospects of wireless data as a revenue generator.

To: Art Bechhoefer who wrote (4300)	3/4/2002 2:10:52 PM
From: Snowshoe	Read Replies (1) \| Respond to of 12231

it doesn't necessarily signal a turnaround in Japanese stocks They're just running up the Nikkei to make the bank balance sheets look better at the end of the fiscal year. It happens every year around the end of March... finance.yahoo.com^N225&d=c&t=5y&l=on&z=b&q=l

To: Art Bechhoefer who wrote (4300)	3/5/2002 2:50:34 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 12231

Art, My understanding is that North American and Caribbean gateways will be transferred to Newco [the new company taking over the assets]. I don't think Vodafone will have an interest in the new company or control of those gateways. I don't know about Australia or the Loral/Vodafone gateways in Mexico, Brazil and Russia. Once the financial mess and some cheap minute prices are introduced as part of a serious marketing idea, and success is proven through high demand and profitability, all the technological developments which Globalstar can offer could be started up again. But there is quite a hump to get over with not a lot of funding to promote new marketing plans. The past 6 months [or year] of restructuring have been a travesty of management. As the main creditor, Loral seems responsible for letting the mess drag on so long. Loral and QUALCOMM had control of Globalstar and have let it slide hopelessly. Perhaps Vodafone held them hostage using the Exit 1 lever which PCSTEL warned about so much and Vodafone held on until Globalstar was strangled at birth [that's what some people seriously think was the plan - I still doubt it, but the facts fit the theory]. Mqurice