Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.43

-1.7%

12:42 PM EST

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To: KyrosL who wrote (19158)	11/8/2000 1:41:34 PM
From: Rocket Scientist	Read Replies (1) of 29987

Can we appoint you to form a bondholders committee, KyrosL? As a holder of (mostly) Loral equity, and a little G, I think it's a reasonable way out of a bad situation. What would be the market cap of a debt free G, with cash on hand sufficient for six+ quarters of operation? Methinks it would justify a stock price several times higher than the present one, even assuming the ownership is diluted by 5:1 as you suggest.

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