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


To: djane who wrote (8051)10/27/1999 10:24:00 AM
From: djane  Read Replies (1) | Respond to of 29987
 
G* bonds info (via g* yahoo thread)

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Global Star bonds sinking as well
by: highyieldinfo
10/27/1999 9:57 am EDT

all the global star bonds are offered at $58 which means $.58 on the dollar, if you believe in the company you should buy
the bonds and sell the stock because in bankruptcy the bondholders get paid off 100% before the equity gets anything.
Currently the bond holders don't think there is more than $.58 to go around on the company. Send me message if you want
more info.

Message: 15520 of 15525. Posted as a reply to: Msg 1
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To: djane who wrote (8051)10/27/1999 10:34:00 AM
From: John Stichnoth  Read Replies (1) | Respond to of 29987
 
I don't get this, really. We've known on this thread for a couple months that there would be about 40,000 handsets available at 12/31. Not 125,000 (Where did Nabi get that number?!), or 65,000.

I was actually pleasantly surprised by the mix of 1/3 fixed vs. 2/3 mobile--since the fixed should provide better MOU.