GLOBALSTAR - The New Beginning - GSTRF / GSTRQ Message Board

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Technology Stocks : GLOBALSTAR - The New Beginning - GSTRF / GSTRQ

GSAT 54.38

+7.0%

3:59 PM EDT

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To: pcstel who started this subject	2/16/2002 4:53:45 PM
From: crm114	Read Replies (1) of 65

Interesting question posed by gstar_rising on the yahoo gstrf board: Does anybody find it "interesting" that G filed BK one week before ALA agreement expires? I do. In essence, LOR waited until the last possible moment before ALA agreement expires to file G BK... but at the same time, filed the BK to tidy up the G mess before the ALA agreement expires. I don't know if this means anything, but to me it increases the chance that LOR may soon be up for sale, in all or in part, which in turn suggests that another deep pocket may be at the table when G bridge funding occurs. Which in turn, begs the question - why not cut the current equity holders into the deal?

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