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


To: DWB who wrote (21998)2/15/2001 11:05:05 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 29987
 
DWB: Yes, I would agree 30 million shares is a reasonable position to have. Do you think that the other 'instruments' they had in effect in August were required to be converted into common? In other words where the deals structured such that they were forced to buy more to cover the stock price drop?

I guess they believe the concept of G* or are now forced to hang in there. Somehow I think the former is correct. but then again I have been nothing if not consistent in my readings of G* and its potential to date :-(

Jeff Vayda