GST Telecom (GSTX) 4th quarter earning Message Board

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Technology Stocks : GST Telecom (GSTX) 4th quarter earning

GSTX 0.000300

0.0%

Oct 31 9:30 AM EST

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To: Susan Saline who wrote (359)	7/11/2000 3:09:37 PM
From: Rob Preuss	of 369

Yeah... that's probably where I am... wait and see if this stock decides to come back to life. If not, then I'll grab the loss at the end of the year. If you go to the link in my Post #356 you'll see that there are a dozen or more entities interested in bidding on GST's assets... that's good, if we can raise enough to pay off all the creditors, there may be something left for us shareholders. Also, it seems that + the court has approved bidding procedures (wonder what they are), + initial bids from all potential suitors are due by 31 July, and + final bids are due by 4 August. I'm not sure what goes on between 7/31 and 8/04 but I guess we won't have to wait long for the outcome. I suppose that the creditors may get a chance to review the bids and accept some or reject them all. If they reject them, then I suppose they'd have to offer some sort of debt restructuring that would allow the company to continue operating. But I really don't know anything, this is all just supposition/speculation on my part. Rob

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