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Technology Stocks : Globalstar Memorial Day Massacre -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (319)	6/26/2000 9:07:00 PM
From: UncleverName	Read Replies (1) \| Respond to of 543

Mama Bear, thank you for your response. And, interesting note on AOL. It seems intuitively that if loaning shares is relinquishing voting rights, then each share shorted would have to be tied back to a specific long. Otherwise everyone on margin would be giving up their voting rights. A silly point, I realize, because you are correct, no one votes anyway. 'Cept you and me of course. I guess the silver lining is that instead of 97M shares, GlobalStar has 127M, so therefore at $8.5 it is really valued in the marketplace at 1.08B. I could go one step further and suggest that concerns about dilution of shares to raise cash in the future are no problem at all... all we need to do is reduce the short position to compensate. Because folks, we are already diluted. Twisted in the tendrils of mathematics.