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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 64.34+7.4%Nov 12 3:59 PM EST

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To: djane who wrote (8051)10/27/1999 10:24:00 AM
From: djane  Read Replies (1) of 29987
 
G* bonds info (via g* yahoo thread)

Top>Business & Finance>Investments>Sectors>Services>Communications Services> GSTRF (Globalstar Telecommun.)
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Global Star bonds sinking as well
by: highyieldinfo
10/27/1999 9:57 am EDT

all the global star bonds are offered at $58 which means $.58 on the dollar, if you believe in the company you should buy
the bonds and sell the stock because in bankruptcy the bondholders get paid off 100% before the equity gets anything.
Currently the bond holders don't think there is more than $.58 to go around on the company. Send me message if you want
more info.

Message: 15520 of 15525. Posted as a reply to: Msg 1
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