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

To: Pierre who wrote (21779)	2/2/2001 3:21:49 PM
From: pcstel	Read Replies (2) \| Respond to of 29987

Pierre: <Of course, maybe it is just vengeance. Let's see, you must have well over half a mil riding on this - what would you give me for my bonds? > I already made you an offer.. .06 cents!! <Let's see, you must have well over half a mil riding on this> LOL!!! Don't take me for delusional!! I bought my LOR holdings with the proceeds of my GSTRF short. I sold off 25K of my Loral holdings the other day (I think I told RocketScnts in a PM??) So now I have 210K G* that cost me 142K, plus 60K in the bonds. So 200K for nice round figures! If the theory flies. Could be worth a Couple of Million.. if not, I hopefully get some equity in a "Debt Free" G* via my 500K of Bonds. And I sell off the equity in the "Pink Sheets" for a dime! You have a 3 billion dollar constellation of satellites with a market cap of 150 million dollars, And 1.5 Billion dollars in debt trading for 150 million dollars.. AND NO ONE WINS IF IT GOES BK! You take your chances! PCSTEL