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: DWB who wrote (21998)	2/15/2001 11:05:05 AM
From: Jeff Vayda	Read Replies (1) of 29987

DWB: Yes, I would agree 30 million shares is a reasonable position to have. Do you think that the other 'instruments' they had in effect in August were required to be converted into common? In other words where the deals structured such that they were forced to buy more to cover the stock price drop? I guess they believe the concept of G* or are now forced to hang in there. Somehow I think the former is correct. but then again I have been nothing if not consistent in my readings of G* and its potential to date :-( Jeff Vayda

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