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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: djane who wrote (5332)6/23/1999 3:33:00 PM
From: Jim Parkinson  Read Replies (2) | Respond to of 29987
 
It looks like one big risk has just been lifted so 1 down, 2 to go - launch risk, demand risk. Bring them on. Does anyone know the interest rate on the credit facility? I suspect it is very livable and a lot less than high yield junk bonds. The fact that a bank provided the funding in light of Iridium's problems to me is indicative of the strength of G*'s bus plan. Do you think the bank may have been GLOBALSTARIZED?