Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.75

-0.5%

Nov 28 9:30 AM EST

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To: Rocket Scientist who wrote (6885)	8/26/1999 12:53:00 PM
From: Rocket Scientist	Read Replies (1) of 29987

Couple of thoughts and questions on Brazil Press report is 180M$ for three gateways. Sounds expensive considering TESAM has said its investment in, for example, Argentina is 20M$. Whose 180M$ is it anyway? I seem to remember it's Loral's (as opposed to G's) with some equity contribution presumably coming from other partners. VMan, what's your take? I note the G Brazil website has nothing new. Just the usual G* slogans/graphics (with some pics of Brazil rain forest and city scapes) and a questionaire to fill out if you want information.

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