Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 58.36

-5.8%

Feb 4 3:59 PM EST

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To: pcstel who wrote (20646)	12/29/2000 9:14:19 AM
From: Art Bechhoefer	Read Replies (1) of 29987

PCSTEL, you stated "The Bondholders know there will be little cash left on March 31, 2000." How do you (or they) know that? G* has advised shareholders and the public that it will have enough cash on hand through June 15. Where do you get the March 31 figure (and I assume you meant 2001)? You also keep reminding us that the satellites are no good without the gateways. Isn't it also true that the gateways are no good without the satellites? I continue to believe the satellites have value, no matter who owns them. Art

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