Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 57.61

+14.0%

Nov 10 3:59 PM EST

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To: y2kate who wrote (17045)	9/20/2000 10:49:06 AM
From: Jetter	Read Replies (2) of 29987

y2, it simply means g* couldn't raise funds from traditional means. THey had to guarantee to BS that BS wouldn't get caught holding the bag. In addition, the lower this goes the more dilution it requires for g* to get the $105 mm... Peace

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