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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: brian h who wrote (9524)	1/13/2000 3:46:00 PM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

Brian, If I may be so bold, what is an approximate number for the grand total worst case at this point then? Regards, Dave

To: brian h who wrote (9524)	1/13/2000 8:06:00 PM
From: Howard t Anderson	Read Replies (1) \| Respond to of 29987

Thanks for your hard work. The perspective is great thank you again. Howard

To: brian h who wrote (9524)	1/13/2000 10:20:00 PM
From: Lance Bredvold	Respond to of 29987

Brian; great job but aren't some of us still missing a little something? - Globalstar partners had the right, exercisable over many years, to exchange their partnership interests for about 151,750,000 shares of common stock; It sounds to me like some people are still using 42% of the profits for 300mm GSTR shares at the point when GLP partnership interests are traded. I should think that as they are traded for G* more and more of the profits would go to G* shares. 100% of profits for 300mm shares? You are saying, aren't you, that GLP interests may be exchanged for Globalstar stock? I can't quite see why the current partners would want to do that, but if it is true, then I would expect my above conclusion to be correct. Lance