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: KyrosL who wrote (13794)	6/22/2000 5:16:00 PM
From: Maurice Winn	Read Replies (3) of 29986

Kyros, With your average price of 28c on the $, you might win even bigger if G! did go bust at the end of the year. You should almost hope for bust! You would move into the office with no contracts with greedy service providers. You would just own the assets of a worldwide monopoly. Then you could sell service to the highest bidders and make a fortune if you got more than 5c a minute! You'd make a fortune at 3c a minute! You could undercut terrestrial minutes everywhere!! People round town would buy your service instead of the local terrestrial service provider's. You could offer service providers $1000 for each gateway. Well, be generous, $1m provided they man it and buy minutes for 3c and retail them for 8c. If they don't like that, they could melt them down for scrap metal - another SP would like to buy such cheap minutes. You could sell handsets direct over the Web by auction to the highest bidder. Of course, you will never get your hands on a BK Globalstar because too many people like me, Q! Loral, Vodafone etc will fund it well before BK. Vodafone would NOT want it to go bankrupt and forfeit their juicy service provider agreements. Q! would NOT let Vodafone get their greedy hands on the whole thing. I will not let them get away with MY constellation. The bondholders selling at 28c in the $ need their heads read. That values the constellation at a few hundred million $$. Simply amazing that they are selling at these prices. Maurice

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