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


To: pcstel who wrote (21774)2/2/2001 2:26:17 PM
From: Pierre  Read Replies (1) | Respond to of 29987
 
175 million cash divided by 3 billion in debt equals 6 cents ...

Maybe. But see my edit of previous post. I'm not prepared to gamble unless I'm given a lot more information. One way I can get it is to file BK and serve subpoenas. It's the only leverage I've got, but it's pretty extensive.

You're willing to bet the farm on a "theory" which may well prove correct. I'm not. I want hard information, not some razzle dazzle corporate control game. For me it comes down to a simple equation - if these guys are that smart, how come they can't sell phones? I want a real world answer to that one before I risk my collateral, such as it is.

Pierre