Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 54.41

+7.1%

Oct 31 9:30 AM EST

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To: Rocket Scientist who wrote (11708)	4/13/2000 9:44:00 PM
From: A.L. Reagan	Read Replies (3) of 29986

R.S. Did you notice in the proxy filed yesterday that Bernie is asking to double the number of shares in GSTRF authorized for stock option issuance? I'm glad each of us existing shareholders have an opportunity to chip in and reward the boys for a job so well done. Navarra had a good year - $592K in total compensation. What I really want to know is what some guy named I have a question you may be able to answer. The proxy states on page 2 that GSTRF owns 40% of G* LP. Can this possibly be true? I thought it was 25% for years. Could this be a typo where somebody slipped in the LOR percent? What I really want to know is last year we had a Gerard Canavan in the proxy making $260,000 a year as the alleged SVP of Marketing. He didn't make the top five highly paid this year (thank God for small favors), but if this fellow still works there, I wonder what he actually does on a daily basis? (Kiss up to Bernie?)

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