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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.46+2.2%Nov 18 3:59 PM EST
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To: pcstel who wrote (19518)11/25/2000 9:00:10 PM
From: MUDMAN  Read Replies (1) of 29987
 
Pcstel:

Thanks for your time and efforts on this. I am long G* with a hefty paper loss at this point. If I may ask three questions, i hope you will have the opportunity to respond:

1) From one of Kyros responses, how do you think the issue of additional funding would be played out if your speculation is correct. As Kyros stated, "Another is the fact that G* will still need hundreds of millions of new dollars to operate until cash breakeven."

2) Do you believe there is hope for someone such as myself who currently owns the common at $9.75? Would you consider averaging down at this point? If you may, please elaborate on why or why not?

3) Isn't there a conflict of interest by BLS being CEO of both LOR and G*? It appears obvious that G* is #2 on his priority list. Is his fiduciary responsiblity to the common shareholders of both companies compromised and in conflict?

Many thanks for all your work. May you and all G* asset holders profit.

Mudman
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