Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: oilbabe who wrote (1216)	6/22/1999 10:57:00 AM
From: M. Frank Greiffenstein	Read Replies (1) of 15615

Nachos and cheese... Yes, Nacchio doesn't like to lose. And that's precisely when companies get into trouble. It becomes an issue of egos and will power rather than the best interests of the shareholders. As it stands, the two offers are of equivalent value. I don't care if Nacchio offers more cash, because THAT IS BORROWED MONEY. In addition, UWST would have to pay 900 million (do I have that right?) if they bust the deal. As far as I am concerned, GBLX is the winner and will remain the winner. Annunizatta is doing the right thing, just cooly waiting this out. DocStone

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