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

To: David Wiggins who wrote (7428)	9/17/1999 2:16:00 PM
From: kitterykid	Read Replies (1) \| Respond to of 29987

Sorry I scalpeled a raw nerve. Just trying for a little levity. You know, we money manager boys are only used to 'cracking a bottle' at 2AM.

To: David Wiggins who wrote (7428)	9/19/1999 6:57:00 PM
From: limtex	Respond to of 29987

DW - My guess is that the silence has to do with the I* re-structuring. The I* team must be talking to bondholders and others and they will be asked what their strategy is especially as regards G. They will be redrawing business plans and going into presentations almost daily and they would really be helped if G were to make its plans public today. But as they haven't it is going to increase the uncertainty for I* and more uncertainty is exactly what any potetial I* financier does not want today. It must be very very difficult for I* especially as their re-structuring team were probably expecting the G* plans right now as much as we were. It will also be important because once their plans are set out the I* people can hardly go back to the financiers again if they need yet more cash in order to enter a price war with G* in a few months time. Jusy my guess. Best regards, L