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


To: Maurice Winn who wrote (17129)9/21/2000 9:16:03 AM
From: Jetter  Respond to of 29987
 
Maurice, your 2 mm share guess is just slightly off. This deal will be priced at the current market value of g* common, not what you paid, not what Bernie paid and not the market value of a year ago.

You are talking 10 mm additional shares. Possibly even 15 mm. And, btw... There is plenty of supply in the $9-10 range for anyone interested in buying or covering. If this deal was at all good for G* it would be trading well above $13...