Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.03

+0.3%

Nov 26 3:59 PM EST

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To: Art Bechhoefer who wrote (13749)	6/22/2000 9:01:00 AM
From: JMD	Read Replies (1) of 29987

Art, re: "But another more recent theory that is gaining acceptance in the courts is called fraud on the market. I think that's where this one belongs." Please expand. What's the key difference between 'fraud on the market' and 'insider trading'? It is beyond obvious that lots and lots of folks knew about the Qualcomm and Globalstar bad news and good news respectively and made a ton in each case based on that knowledge. Actually this month's poster child is Citrix, take a look at the volume in the two days prior to it falling 50% 1 1/2 weeks ago. Fifty million share volume out of nowhere! What a cowinkydink. Having been on the wrong side of two out of three, this has got me more than academically curious. best, mike doyle

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