Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.88

-0.5%

Nov 14 9:30 AM EST

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To: Rocket Scientist who wrote (22364)	3/9/2001 10:21:08 AM
From: Rocket Scientist	Read Replies (2) of 29987

Well, the first five entries in the "Blackstone Pool," including this writer's, have proven too optimistic. Let's see, it's: 7 1/2 weeks since the announcement of debt service suspension (at which time mgmt said it hoped to have a "plan" within six weeks) 3 weeks and a day since the first bonds became delinquent 6 days until an involuntary C.11 can be filed by b/h, and meantime seven class action lawsuits have already been filed, according to press reports Since the announcement, GSTRF has dropped an additional 46% from already historic lows, while Loral has fallen 36% and is approaching it's alltime low. But what's the hurry? Entrant Date pcstel March 2nd.. After the close of business Jon Koplik 7:30 A.M. (New York time) on Monday 3/5/01 Carter Patterson 7:31am Eastern on Monday 3/5/2001 Souze March 6 RS March 8 DWB March 9 Sawtooth 3/12 - 5:00 est Jeff Vayda 3/14 after the close Rhkohnen March 15th Win-Lose-Draw right around market open on the day the default goes official... kranmantazzz March 16th will be the day of the announcement. Tastychap March 26 Mr. Adrenaline April Fools Day Thomas Archer formally April 7th.

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