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To: Ilaine who wrote (31318)10/25/2000 5:32:27 PM
From: KyrosL  Respond to of 436258
 
OK <g>. The way I see G* bonds is a very cheap way to own equity in a future debt free Globalstar. If G* does not go BK, then you still get a 75% annual return to maturity.

Edit: and it's only 1/6th of the money!



To: Ilaine who wrote (31318)10/26/2000 10:00:38 AM
From: JHP  Read Replies (1) | Respond to of 436258
 
and you don`t day trade? is this a long term investment??? roflmao long GLW? p/e 102 after the haircut. does the term clown come to mind? regards john