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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 68.47+0.3%Dec 5 3:59 PM EST

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To: djane who wrote (3300)3/8/1999 3:11:00 PM
From: djane  Read Replies (1) of 29987
 
Post on G* bonds (via yahoo thread)

Top > Business and
Finance > Stocks > Services > Communications
Services > GSTRF (Globalstar Telecommun.)


Globalstar 11.375% bond looks juicy!
priced at about $0.70
by: witmail
4786 of 4811
on the $1.00. recent price: about $700 for $1000 face value bond

effective yield: about 20%

it's less risky. if you buy now, 20% yield as long as Globalstar is live before year
2004.

if globalstar goes to chapter 11, stock holder will lose almost all of their money.
bond holder will still get some back.

Posted: Mar 7 1999 1:07AM EST as a reply to: Msg 4775 by seeburto
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