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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who wrote ()10/31/1999 9:17:00 PM
From: pass pass  Read Replies (1) of 15615
 
Does anyone else remember that GBLX announced it would buy back $500 million its stock shortly after the merger. Now it's issuing $1 billion convertible bond. I don't get it. Whenever the management outsmarts its shareholders, it troubles me.
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