Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 47.97

-0.6%

9:43 AM EST

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To: WR who wrote (11624)	4/11/2000 5:57:00 PM
From: waitwatchwander	Read Replies (1) of 29986

Rogers Communications, a national, multi-dimensional communications company and largest cable operator in the country, is our other major shareholder, holding 20.3% of our shares. The above shareholder info is now obsolete. About a month ago, Rogers sold their interest in CANCOM to Shaw. The sale was a component of the Shaw/Rogers swap of regional cable assets. I suspect that the sale of Rogers interest "might" lead to the appointment of another Canada wide distributor for G*. Maybe a x-country wannabe with an 800 Mhz CDMA/AMPS network covering lot's of hills and dales. nf ps Being an unfan of cantel, I consider the sale nothing but the removal of a timeworn cog from a re-energized drive train.

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