GREENSTAR TELE (GST) Message Board

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Gold/Mining/Energy : GREENSTAR TELE (GST)

GTE 3.410

-8.1%

3:59 PM EDT

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To: Darron Bean who wrote (30)	12/17/1996 2:22:00 PM
From: David Rimer	of 33

Diana and Darron, I have heard about both of these projects. The Mexican expension is being done through a company called GST Global listed on the VSE - I think GST Telecomm. owns 40% of the subsidiary. Their Mexican operations look pretty good. Their idea is to pre-sell a large part of their optical fibre capacity to other telecom carriers thereby covering the capital costs of laying the lines. Clearly they can compete with the biggest providers if their cost is zero. As far as the spin out goes. I heard the same news as you did Darron. It should be additive to the stock price. Sorry I can't give more info... I just don't have the time ... I'm drowning under piles of paper. david

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