Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 46.93

-6.9%

Nov 4 3:59 PM EST

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To: tensforme who wrote (12198)	5/6/2000 2:23:00 AM
From: Sword	Read Replies (3) of 29986

Carefully examine your thinking... "Globalstar WILL NOT FAIL...." Oh really? Why? You respond, because "qualcomm and other parties simply will not allow it." Why would they not allow it? Qualcomm's business model is absolutely not dependent in any way on Globalstar. Furthermore, even if qualcomm and other parties had an interest in Globalstar, they have no interest in GSTRF stock except to acquire it at an absolute rock bottom price. They can achieve this by buying the company from the bond holders. The equity holders will get virtually nothing. That is the way it works. Stock holders are stuck with worthless paper even if Globalstar avoids Iridium's deorbit fate. -Sword

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