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Technology Stocks : GX Investors Thread

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To: HW Bowman who wrote (303)9/18/2001 9:25:39 PM
From: BWAC   of 586
 
Global Crossing Ltd. Declares Dividends on Its Cumulative Convertible
Preferred Stock

Hamilton, Bermuda - September 18, 2001 - Global Crossing Ltd. (NYSE:GX)
today announced the declaration of dividends, payable in cash, on its
6-3/8% Cumulative Convertible Preferred Stock; its 6-3/8% Cumulative
Convertible Preferred Stock, Series B; its 7% Cumulative Convertible
Preferred Stock; and its 6-3/4% Cumulative Convertible Preferred Stock.
The dividend on the 6-3/8% Cumulative Convertible Preferred Stock ($100
liquidation preference) is in the amount of $1.59375 per share, is for
the period from August 1, 2001 through November 1, 2001 and is payable
on November 1, 2001 to holders of record as of the close of business on
October 15, 2001.
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