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


To: Clean who wrote (1422)7/7/1998 11:55:00 PM
From: Joseph F. Trombetta  Read Replies (1) | Respond to of 29987
 
Has anyone seen this?
It was sent to me via E-Mail

Globalstar Telecommunications Ltd (GSTRF)
Loral Space And Communication Ltd (LOR)

VODAFONE GROUP PUBLIC LTD CO said it had sold part of its stake in the GLOBALSTAR TELECOMMUNICATIONS LTD partnership for a total of $117 million in cash. In a statement, Vodafone said it had sold 1.17 million partnership units in Globalstar to LORAL SPACE AND COMMUNICATION LTD, reducing its stake to 3.14% from 5.15%. (Reuters 12:20 PM ET 07/07/98)