Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 50.53

+4.7%

Nov 7 9:30 AM EST

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To: MileHigh who wrote (11885)	4/25/2000 1:40:00 PM
From: John Cuthbertson	Read Replies (2) of 29986

One little quibble on the bond info: "You need to buy in 100 lots (100 bonds x ($1000 par value trading $366.80) = $36,680 Approx." Actually you don't have to buy in lots of 100 bonds. Anything above about 10 bonds at a time should be OK -- this may depend on the particular broker. (I just bought 15 of the 2005 bonds a few days ago.) It should be kept in mind that these bonds are not traded on an exchange, but rather over the counter. Price quotes may be unreliable, and you can expect to pay a pretty substantial spread. Still, I think they are a good bet. OK2Launch, thanks for posting the tradebonds.com URL, pretty nifty site. ==John C.

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