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To: Earlie who wrote (58144)1/16/2001 12:23:03 PM
From: marginmike  Read Replies (4) | Respond to of 436258
 
Earlie though GSTRF will inevitably declare bankruptcy, it will emerge as a viable entity. This is baisicly for two reasons
1) Unlike Iridium GSTRF actually works.(I got one to prove it)
2)GSTRF will transmit DATA and have a viable business in IN Flight Networks and for remote Business operations who need to connect their network.

I would not invest in it, but when they wipe 80% of their debt clean, which in my opinion is inevitable, they will come out a viable entity worth an investement look.



To: Earlie who wrote (58144)1/16/2001 1:09:12 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
now that you mention it i do recall that.... jeepers that was about 10,000 posts ago....

nice call btw!!! <g>

got falling space junk?



To: Earlie who wrote (58144)1/16/2001 3:32:13 PM
From: KyrosL  Read Replies (1) | Respond to of 436258
 
Earlie you were right. Although it's going to be another month or so until formal BK. But the G* system will survive and probably thrive after the debt is converted to equity (my guess).

Kyros


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