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

To: Pierre who wrote (22294)	3/2/2001 1:23:56 AM
From: pcstel	Read Replies (1) \| Respond to of 29987

Pierre: Sounds familiar.. This boy is singing to the choir!! -- 'Robert Peck, an analyst at Bear Stearns, said bondholders are better off working with Orbcomm and the company's new owner rather than pushing too hard to foce Orbcomm to fully repay them . 'People have learned from Iridium, ' which went bankrupt in 2000 and left many creditors out in the cold as it folded. ' If you foreclose and play hardball with a company that has unique assets, ' people who are owed money may wind up with nothing.' Payment-in-Kind seems like an easy solution.. PCSTEL