Was ist der Unterschied zwischen GlobalStar und Iridium (QCOM-Interessierte lesen) !

[Ralph]

Antwort: Globalstar ist schlechter ! .... (Anmerk.: Iriudium waren die mit dem Satellitentelefon)

Globalstar hat heute bekanntgegeben, dass man bis auf weiteres die Zinszahlungen für all seine Kredite aussetzen wird ! Qualcomm ist mit $610. Mio einer der grössten Gläubiger von Globalstar.

Was mach Qualcomm ? ... klar, die nehmen's auf die leichte Schulter, schliesslich sei dies knapp so viel, wie man letztes Jahr verdient hat ! Qualcomm sagt, man sei momentan auf gutem Wege, die Planzahlen zu erreichen !

Das Schlüsselwort ? .... richtig, "momentan"

Sicher sie können Recht haben, aber ein ungutes Gefühl bleibt zumindest bei mir !

Ralph, hinweisend !

[Matze]

Ich fass es nicht, 610 Mio. $ http://www.stock-channel.net/Board/smilies/eek2.gif http://www.stock-channel.net/Board/smilies/eek2.gif! Von der Brücke springen würde mir nicht schnell genug gehen, ...gerade mal das, was Qualcomm letztes Jahr verdient hat, überlegt mal, was passiert, wenn momentan vorbei ist? Kann schnell gehen heutzutage http://www.stock-channel.net/Board/smilies/madgo.gif

Matze

[Ralph]

Loral, Qualcomm Try to Minimize Globalstar Impact on Earnings

By Chris Frankie
Editorial Assistant
1/16/01 3:51 PM ET

Loral Space & Communications (LOR:NYSE - news), a satellite maker, no longer has to provide funding to Globalstar (GSTRF:Nasdaq - news) this year, but the company will continue to support its joint participation in service provider franchises in Canada, Brazil, Mexico and Russia.

Still, Loral plans to write down its Globalstar investment, including common and preferred equity and debt, and will incur an unspecified charge in the fourth quarter.

The announcement came after Globalstar said it would indefinitely suspend the principal and interest payments on its debt, as well as dividends on its preferred stock, in order to maintain available funding for its marketing and service activities.

Loral, one of the founders of Globalstar, a satellite-based phone service, said it ended 2000 with cash and available credit in excess of $440 million. Although Globalstar's actions will reduce Loral's 2001 cash receipts from the satellite venture by $140 million, the company will continue its current investment programs, including funding the construction of three satellites set to be launched in 2002.

At the end of 2000, Loral's investment in connection with Globalstar totaled $1.3 billion, which included 39% of Globalstar's equity and 27% of its debt.

Qualcomm (QCOM:Nasdaq - news), another Globalstar founding partner, expects a "small negative impact to operating earnings" in the first fiscal quarter as a result of Globalstar's moves.

Despite the costs, Qualcomm is still comfortable with Wall Street's earnings expectations of 28 cents a share for the period. The company earned 25 cents in the year-ago quarter. The digital wireless products and services company said it had about $610 million in assets related to its business with Globalstar.

Shares of Loral recently gained 6 cents, or 1.2%, to $5.13 in New York Stock Exchange composite trading, while Qualcomm lost $1.25, or 1.7%, to $70.50 in Nasdaq activity.
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Ralph