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: TMann who wrote (13529)	6/14/2000 9:53:00 PM
From: Jon Koplik	Read Replies (1) of 29986

I (once again) visited GMPCS ( gmpcs-us.com ) (this time -- along with "marginmike") today, over near Boca Raton, Florida. GMPCS is now located in new "spiffy" offices. We talked about a lot of things. The general impression that I got was : these Globalstar handsets are definitely selling. Maybe they are not selling fast enough to eliminate a cash squeeze for GSTRF, but ... they are clearly selling. Anyone who is too chicken to own GSTRF common stock -- buy some GSTRF bonds. It can be a real pain to get a G* bond order executed (unless "price is no object"), but my own expectation has been (and continues to be) : There is too much "there" (with the G* constellation, perfectly functioning system, data capability, CDMA "architecture," backing from many of the world's largest corporations, etc.) ... for G* to just "fold" over (a "mere") few hundred million dollars or so (IF it even ever comes to that point ...) Info. on "chasing" G* bonds : see posts # 11872 11885 11887 11891 11911 (all on this thread). Jon.

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