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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.
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To: Maurice Winn who wrote (135)6/10/1997 11:50:00 PM
From: Richard F Uzelac   of 381
 
Maurice, thank you for the insight....

10% yield? Hmmm....you think we should open up Swiss Bank accounts and be a buyer of these bonds? ;-)

I still think a rights offering is the way to go for shareholders. I'm sure we'd both be subscribers to any rights offering for Globalstar. With debt, there are payments and impact on cash flow, etc. With rights, no payments, less shareholder dilution, and less risk overall for Globalstar if you ask me.

But then again, what do I know?

Regards,

Rick
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