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Path: utzoo!decvax!ucbvax!hplabs!well!mitch
From: mitch@well.UUCP (Mitchell Waite)
Newsgroups: net.unix
Subject: Re: Lotus, WordStar
Message-ID: <1623@well.UUCP>
Date: Wed, 13-Aug-86 18:54:34 EDT
Article-I.D.: well.1623
Posted: Wed Aug 13 18:54:34 1986
Date-Received: Thu, 14-Aug-86 03:14:24 EDT
References: <657@aquin.UUCP>
Reply-To: mitch@well.UUCP (Mitchell Waite)
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Organization: Whole Earth Lectronic Link, Sausalito CA
Lines: 2

Yes but when you remove the WordStar hi bit you destroy the wordwrap ability so that all your files end up with hard carriage returns at end of lines. Plus 
there are control characters in the file that indicate underline, bold and so onso what you really need is a translator program.