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

To: Maurice Winn who wrote (5034)	6/4/1999 7:18:00 AM
From: Valueman	Read Replies (1) \| Respond to of 29987

ICO Out?!! Surely not? It seems that there will have to be a lot more dilution than ICO planned. That means the ICO share price will take another thump down as they have to sell more stock but at a cheaper price. I don't know Maurice--offering people stock at $5 when your available stock is trading at 9 is pretty good example of "selling more stock but at a cheaper price." How low can they go???