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


To: Brian Wehner who wrote (536)3/22/1998 6:46:00 PM
From: duncan moyer  Respond to of 29987
 
The following from the GSTRF web site. Gotta believe that at the annual meeting a split will be announced. Will it be a 2:1 or a 3:1

Note the following is from 1997 NOT 1998

Loral Space & Communications Globalstar Telecommunications Limited
Declares Two For One Stock Split NEW YORK, April 8 1997 -- Following the company's annual meeting, the board of directors of
Globalstar Telecommunications Limited (NASDAQ:GSTRF) voted today to split the company's stock 2 for 1 in the form of a stock
dividend. The stock dividend will be paid on May 28, 1997, to shareholders of record as of May 12, 1997.



To: Brian Wehner who wrote (536)3/24/1998 6:28:00 PM
From: Geoff  Read Replies (2) | Respond to of 29987
 
Brian, which company was planning the split? I thought GSTRF only had 20 million or so shares outstanding, but in your message you talk of 200M to 600M. LOR has around 200M shares, was that the company that is thinking of the split? I am a little confused, but I am happy, so I guess its ok....:)

geoff