Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Teddy who wrote (2563)	10/11/1999 4:54:00 PM
From: Mohan Marette	Read Replies (1) of 15615

Global Crossing's Dilemma -From Upside Here is a little blurb from Upside. ================== Executive Briefing October 11, 1999 by Sylvia Carr and Tish Williams Get-Rich Tip: Choose your partners wisely. Suddenly, the pursuer is pursued, as rumors swirled late Friday that Deutsche Telekom was running after Global Crossing, a fiber-optic network builder. Global Crossing (GBLX) turned heads when, as a simple transoceanic cable company, it attempted to acquire both Frontier and US West in multibillion-dollar deals. It ended up capturing only Frontier, but with ex-AT&T/Teleport headliner Bob Annunziata at its helm, it still had a golden future ahead. Now that Deutsche Telekom is in the picture, Annunziata has a big decision to make. Deutsche Telekom's size and strength are unquestioned, but it's been losing out in a lot of acquisition attempts. Would Global be joining a winning team? upside.com

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