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

To: Michaelth1 who wrote (17094)	9/20/2000 7:14:35 PM
From: SGJ	Respond to of 29987

Michael, in response > If the BS deal is part of additional funding, then the deal can work out well.< Its got to be part of a plan. Absolutely we know the answer here, because it is, alone, not enough. >BLS is a great financier, that much is a given. As was posted by someone else, BLS may in fact be using the BS deal as leverage to show the SPs that Loral won't blindly put more money into G*. < True, it can absolutely be used as leverage. I think this is a given too. We know why, because if this stock is sold, the other partners will suffer some dilution if they don't prorata pony up. How big a stick it is, we don't know.