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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Douglass Smith who wrote (2085)9/23/1999 7:11:00 PM
From: Teddy  Read Replies (3) of 15615
 
Thanks Doug, here's what i got from my first listening to the replay of the Frontier Annual Meeting:

(oh, the replay number is 1-800-633-8284 reservation# 1313281 [sorry international callers, i don't have the number for you])

There is no moss growing on Joe Clayton. He outlined the benefits and did a great job fielding the questions (it seemed that most came from retired shareholders). A good quote from the first question was: "Quest does not have a true international network."

He explained that he believes in his "GBLX 100" license plate: FRO was (? 18?) when he got the "FRO 50" plate.

The Union is with us.

About 35 min into he call they gave out some numbers.

"They will write books about this."

"The value of our [counting GBLX's] network: no one has anything like it or has anything on the drawing board."

Mentioned the buy back: Global has $33B in cash.

Gary Winnick speaks about 56 min into the meeting (Doug, i can not imagine seeing him in person.)
"I personaly own 100 million shares and I'm going no where."

Everyone should listen to the meeting at least once.
Doug, thanks again for your excellent post and if you remember anything else, please post it.

One Planet, One Network
globalcrossing.com
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