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

To: Art Bechhoefer who wrote (13749)	6/21/2000 9:30:00 PM
From: limtex	Read Replies (1) \| Respond to of 29987

AB - I wonder if we will see some lawyers posting here with their contact numbers. I've seen that before when a class action starts up. Great timing though don't you think. I mean $20 in under two days trading when the stock was clearly recovering....looks a bit naughty to me. Best regards, L

To: Art Bechhoefer who wrote (13749)	6/22/2000 9:01:00 AM
From: JMD	Read Replies (1) \| Respond to of 29987

Art, re: "But another more recent theory that is gaining acceptance in the courts is called fraud on the market. I think that's where this one belongs." Please expand. What's the key difference between 'fraud on the market' and 'insider trading'? It is beyond obvious that lots and lots of folks knew about the Qualcomm and Globalstar bad news and good news respectively and made a ton in each case based on that knowledge. Actually this month's poster child is Citrix, take a look at the volume in the two days prior to it falling 50% 1 1/2 weeks ago. Fifty million share volume out of nowhere! What a cowinkydink. Having been on the wrong side of two out of three, this has got me more than academically curious. best, mike doyle