UNITED STATES DISTRICT COURT
                        SOUTHERN DISTRICT OF NEW YORK
                        ---------------------------------)
                        GLOBAL CONTACTS, INC,           )
                                                         )
                                            Plaintiff,   )
                                                         )
                                  -against-              )
                                                         )
                        PRECISION TUBE CO,              )
                                                         )
                                            Defendant   )
                        ---------------------------------)

                
                                            Thursday, April 7, 2005
                                            New York, New York
                                            Time:  9:56 am
                

                               Deposition of HENRY GALLO, held at the

                        offices of Willkie Farr & Gallagher, LLP, 

                        787 Seventh Avenue, New York, New York, on 

                        Thursday, April 7, 2005, pursuant to Agreement, 

                        before Josephine H Fassett, a Certified Shorthand 

                        Reporter and Notary Public of the State of New York

                

                   

              

              

              

              

              

              


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               2        A P P E A R A N C E S :

               3

               4        HARRY FRIEDBERG, ESQ
                        Attorney for Plaintiff
               5             551 Fifth Avenue
                             New York, New York 10017
               6

               7
                        DALLER GREENBERG & DIETRICH, LLP
               8        Attorneys for Defendant
                             Eight Tower Bridge
               9             161 Washington Street
                             Suite 900
              10             Conshohocken, Pennsylvania 19428-2060
                        BY:  EDWARD A GREENBERG, ESQ
              11

              12
                        A L S O    P R E S E N T :
              13

              14        EDWARD MACOMB (Global)

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               1                             

               2                           STIPULATION

               3

               4                  IT IS HEREBY STIPULATED AND AGREED by and

               5        between the attorneys for the respective parties

               6        herein that filing and sealing be and the same are

               7        hereby waived

               8

               9                  IT IS FURTHER STIPULATED AND AGREED that

              10        all objections, except as to the form of the

              11        question, shall be reserved until the time of trial

              12

              13                  IT IS FURTHER STIPULATED AND AGREED that

              14        the within deposition may be read and signed by the

              15        witness and need not be done before an officer

              16        authorized to administer an oath, but shall have the

              17        same force and effect as if signed and sworn to

              18        before the Court

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               1                             

               2        H E N R Y    G A L L O, the witness, having been duly

               3            sworn, was examined and testified under oath

               4            as follows:

               5        EXAMINATION BY

               6               MR GREENBERG:

               7               Q      Good morning, Mr Gallo

               8               A      Good morning

               9               Q      My name is Edward Greenberg  I

              10        represent Precision Tube Company in a lawsuit

              11        that was brought by Global Contacts, Inc in th