Globalstar Memorial Day Massacre Message Board

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Technology Stocks : Globalstar Memorial Day Massacre

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To: FJB who wrote (312)	6/26/2000 7:59:00 PM
From: UncleverName	Read Replies (1) of 543

WOW! 30 Million! And notice how much better off GlobalStar longs are with such a high percentage of shares shorted? Carrie Lee was right! It's a good thing they saved us from Maurice's plan. Investors would have been doomed. Mama Bear or someone in the know, would you be so good as to explain to me how this shorting works with regards to voting at shareholder meetings? I'm confused about something very basic. If 30M shares are borrowed and sold... just where are those certificates? You've effectively expanded the float... What am I missing? Thanks! Waiting for the big 'duh'.

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