Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: brian h who wrote (10236)	4/24/1998 10:47:00 AM
From: bananawind	Read Replies (1) \| Respond to of 152472

Brian, re Loral/Globalstar. Wow! That's what I call an interesting press release. Looks like Loral is giving some of the more financially strapped partners a way to profitably cash in part of their equity interests, *provided they use half the proceeds to buy G gateways and handsets.** Funding to come from LOR secondary and Soros. Excellent news for QCOM. I should look closer at G*/LOR, but the thought of unraveling the capital structure has me reaching for the aspirin bottle already. -JLF $10 billion sales=$1 billion net=$13.70 eps=$275 price who cares if its not this week

To: brian h who wrote (10236)	4/24/1998 10:50:00 AM
From: bananawind	Respond to of 152472

Somewhat OT... I found this interesting. Looks like they are taking a page out of INTC's playbook. Nokia Establishes a USD 100 Million Venture Capital Fund HELSINKI, Finland--(BUSINESS WIRE)--April 24, 1998--Nokia will establish a USD 100 million Nokia Venture Capital Fund to fuel future growth and to boost new product and long term business development. As one of the world's leading telecommunications companies, Nokia sees itself extremely well positioned to exploit new growth possibilities in the new competitive arena emerging from the convergence of telecom, datacom and IT industries, and intends to actively utilize this opportunity. By establishing a dedicated venture fund focusing on new start-up businesses and technologies, Nokia believes it can both speed up and complement its own development as well as nurture the emerging new business ecosystem of communications. Pekka Ala-Pietila, appointed Executive Vice President as of July 1, 1998, will have the responsibility for Nokia Venture Capital Fund. ''In addition to our extensive ongoing investments into various technologies, we will expand our activities into new promising areas, in order to move toward our vision of future communications solutions, products and services,'' says Mr Ala-Pietila. ''Therefore, we plan to have a global investment scope with special emphasis on innovation centers. In order to support the new fund maximally, we will simultaneously establish an office in Silicon Valley.'' Headquartered in Finland, Nokia is a broad-scope telecommunications company supplying mobile phones, mobile and fixed telecommunications networks, data communications solutions, multimedia terminals and computer monitors. With sales in 130 countries, net sales totaled FIM 52.6 billion ($9.8 billion) in 1997. Nokia, listed on NYSE (NOK.A), employs more than 38,000 people worldwide.

To: brian h who wrote (10236)	4/24/1998 10:50:00 AM
From: 2brasil	Respond to of 152472

ot Globalstar Launch Rescheduled for Friday.qcom up 5/16! CAPE CANAVERAL AIR STATION, Fla.--(BUSINESS WIRE)--April 23, 1998--Officials scrubbed today's launch of a Boeing Delta II expendable launch vehicle carrying four Globalstar satellites due to high level winds. The launch has been rescheduled for Friday, April 24. The 15-minute launch window opens at 6:38 p.m. EDT.

To: brian h who wrote (10236)	4/25/1998 3:16:00 PM
From: RP Svoboda	Read Replies (2) \| Respond to of 152472

<< ''This transaction benefits all parties involved,'' stated Bernard L. Schwartz, chairman and chief executive officer of Loral and chairman and chief executive officer of Globalstar. ''The transaction will provide up to $210 million of cash to support the deployment of Globalstar ground equipment and user terminals;>> Greetings all, I've been a lurker on this thread for a while now and appreciate all the great info. After everyone digested the earning report/CC I noticed that no one really mentioned the Gateway Earth Station that shipped but was not included in the revenues. Correct me if I'm wrong, but isn't this extremely significant? So what if they have some growing pains with their production lines (as long as they are short term), it has already been accounted for in the price of the stock. I think that shipments of Ground Stations will "tie them over" until they work out the production bugs. You have to sell a butt-load (for which there is no metric equivalent) of handsets/ASICs etc to equal the revenues generated by a single Ground Station sale. If memory serves, these stations will be shipping over the next two quarters. Appreciate any similar or opposing views. Boda