Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.15

-4.2%

Jan 16 3:59 PM EST

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To: WR who wrote (12850)	5/16/2000 7:24:00 PM
From: Anthony@Pacific	Read Replies (2) of 29987

What a bunch of gobbeldy goop..taking a 480 milliopn dollar debt and adding it to the credit line is ..colorful baloney... The bottom of the line is that QCOM is owed this money anyway so increasing the credit line to 530 mill from 100 million is bogus ,,cause see They have already spent the money..and dont havee use of this extra cash... Lets see QCOM or anyone actully plop down a coupld hundred mill in hard csah...or better yet lets see someone pay dowqn some of GSTRF's debt.

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