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Technology Stocks : Globalstar Memorial Day Massacre

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To: A.L. Reagan who wrote (73)5/11/2000 4:56:00 PM
From: Maurice Winn  Read Replies (2) of 543
 
The people in SI seem to be a lot more sensible and know a lot more than the WSJ and big-time people.

I guess 'may' gets them off a lot of hooks.

Good point on the increased 'float' by the huge short borrowing. It's a bit like Alan Green$pan's worries about increased credit expansion as banks increase debt without reference to the Reserve Bank actual issue money. Held in check by the prudential reserves.

The share price sure hasn't move much as a result of the publicity. The big sale at 2.20pm, ooops, not sale is very interesting though.

I wonder what went on there.

Mqurice
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