Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.47

-1.6%

3:59 PM EST

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To: Selectric II who wrote (25781)	1/19/2005 1:05:04 AM
From: Maurice Winn	Read Replies (1) of 29987

As a $1 billion creditor of Globalstar LP, Loral would have about 7% of Globalstar LLC [at a guess]. +/- 5% with a 90% confidence. Though maybe something changed in the years since I knew what was going on in the divvying up in bankruptcy and acquisition by Thermo. Meanwhile, the service is up and running and gaining customers every day. I'm surprised the USA service, with reasonably priced minutes, hasn't really taken off. I suppose few people in the USA know about Globalstar and those who do, and could use it, are still thinking it's much too expensive for regular humans who have to earn a living. Does anyone see Globalstar advertising in the USA? Mqurice

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