Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.25

+6.2%

Dec 19 9:30 AM EST

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To: Beefeater who wrote (1402)	6/30/1998 12:07:00 PM
From: Jim Parkinson	Read Replies (2) of 29987

Someone is buying lots of puts. A block 750 Dec 27 1/2's just went and they are in the money now. Someone is obviously betting that G* is not going to recover in the fall if I am reading this right.

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