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

To: Michaelth1 who wrote (17071)	9/20/2000 3:26:28 PM
From: H. Bradley Toland, Jr.	Read Replies (2) \| Respond to of 29987

Mike, you finally made it to my "ignore" button. Before I say sayonara, let me ask you one simple question, have you any idea what Verizon is spending, monthly, on rolling out Globalstar? You get my point, don't you? regards, bt

To: Michaelth1 who wrote (17071)	9/20/2000 3:51:38 PM
From: KyrosL	Read Replies (1) \| Respond to of 29987

<Bradley: You bought BLS' promise about partner financing hook, line and sinker. What's your opinion as to why G* did this if such financing is really on the way? > Let me try to answer this, since bt put you on ignore: BLS likes to stow away rabbits which he can pull out a hat at a moment's notice. The Chase loan was one. This one is another. Unlike the majority opinion, I think it is a GREAT deal. For $5 million GSTRF gets to sell stock to the public in small batches at the time of its choosing avoiding the expense and complications of multiple secondary offerings. Given the short position on the stock, it can do so at times when the stock is way overvalued because of short squeezes and thus get cheap financing dollars at little to no dilution to common stockholders. If successful, other investment houses may decide to join in, and SP financing may not even be needed. Kyros

To: Michaelth1 who wrote (17071)	9/20/2000 4:37:22 PM
From: SGJ	Read Replies (1) \| Respond to of 29987

The way I see it G* price is down on a day when the telecom carriers are down as well. Some at a 52 week low. This selloff originating from Sprints warning, which is partially due to an expected slowdown in wireless subs. It makes sense that since G* is expected to be a wholesaler of minutes to these guys, that they would suffer as well. So why are there so many doubts here about the Bears Stearns purchase deal? I'm reading the latest posts and it appears that you all are inventing negatives out of thin air. To me its simple, G* has found a willing partner in achieving capital inflow in a unique and creative way. The lack of such a possibility is what supposedly makes G* a certain Chapter 11 candidate. My question to you all is this : Why does the Bears Stearns deal exclude any of the other sources of financing or capital you all are posting that BLS should have done instead?