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


To: John Cuthbertson who wrote (11911)4/25/2000 3:20:00 PM
From: Ok2Launch  Read Replies (1) | Respond to of 29986
 
Ladenburg Thalmann & Co. Inc. Issues High Yield Update on Globalstar L.P.

NEW YORK, April 24 /PRNewswire/ -- The following is being issued by Ladenburg Thalmann, a member of the National Association of Securities Dealers, CRD Number 505:

Ladenburg Thalmann's High Yield Division reiterates its STRONG BUY Recommendation on Globalstar L.P.'s (OTC Bulletin Board: GSTRF) senior notes.

Based in Bermuda, Globalstar is a leading provider of satellite-based telecommunications. The Company offers wireless telephony, data, and Internet service worldwide.

Founded in 1876 and a NYSE member since 1879, Ladenburg Thalmann is a full service investment banking and brokerage firm based in New York, with regional offices in Los Angeles, Boca Raton and Cleveland. The High Yield Division specializes in the research, trading and sales of high yield and distressed securities for institutional and high net worth investors.

For a copy of the report, telephone Mr. Neil Dabney in the High Yield Division at 310-444-9135 or 888-838-6650.

This is neither an offer to sell nor a solicitation of an offer to buy any of these securities.




To: John Cuthbertson who wrote (11911)4/25/2000 6:37:00 PM
From: MileHigh  Read Replies (1) | Respond to of 29986
 
Yes, but IIMU that quote is only firm for 100 lot bond purchase, any purchase under that amount would probably change the price, meaning it is firm for 100 and different (higher) for less.

Regards,

MileHigh