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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who started this subject9/4/2001 2:58:52 PM
From: dkgross   of 150070
 
RESTON, Va.--(BUSINESS WIRE)--Sept. 4, 2001--XO Communications, Inc. XOXO, one of the world's fastest growing providers of broadband communications services, announced today that it has declared a regular quarterly dividend on its 6.5 percent cumulative convertible preferred stock.

The dividend is payable in cash at a rate of $0.8125 per share owned. The dividend is payable on September 30, 2001 to shareholders of record as of September 15, 2001.

This dividend is payable only to holders of XO's series B Cumulative Convertible Preferred Stock and does not apply to holders of XO's Class A Common Stock.

Contact Information:
XO Communications
Media and Industry analysts
Todd Wolfenbarger, 703/547-2011 or 703/675-3496
or
XO Communications
Financial Analysts
Lisa Miles, 703/547-2440

© 2001 BusinessWire
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