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

To: Rocket Scientist who wrote (17746)	10/7/2000 3:53:47 PM
From: go_globalstar	Read Replies (1) \| Respond to of 29986

RS thanks again. Jon Koplik, could you please respond to post number 17741 on the topic of bond investing. Freekbro suggested bondsonline.com When I go there apparently the GSTRF stock symbol is not used to represent the bond of G. Any help would be appreciated. Thanks in advance Go_G

To: Rocket Scientist who wrote (17746)	10/7/2000 4:24:13 PM
From: pcstel	Read Replies (2) \| Respond to of 29986

RS.. Here is another theory for you.. If I read the 10-K correctly.. Globalstar's first payment (principle) on the 500 million revolver is due Jan. 15, 2001.. The amount of the payment due is EXACTLY 56 Million.. Which is what the partners/SP's ponied up!! They obviously didn't just pick 56 million out of thin air!! This must be it!! And if they make that payment, then the covenant on the March 2001 would be easier to get a waiver.. After all, they just paid back 56 million two months ago!! I would love to buy some bonds if I knew this was the case.. I am sure IR will not be too helpful. As usual.. What do you think?? PCSTEL