Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.91

+4.0%

3:59 PM EST

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To: Jon Koplik who wrote (13731)	6/21/2000 6:17:00 PM
From: rcwuttke	Read Replies (1) of 29987

I called a very large brokerage firm to get quotes on G* bonds. They quoted me on the June 15 '04 bonds and said that they would advise not buying this bond because the interest payments were in default. I told them that I knew they were wrong because a friend of mine has this bond and just received the interest payment. The brokerage firm called me back an hour later and said that I was correct, G* had made all of their interest payments. They went on to say that they still would not touch the bonds because G* is sure to default by the next payment period. I am amazed at how much misinformation is out there. I thought you would get a chuckle out of this. Randy

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