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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: JDN who wrote (3457)12/6/1999 8:01:00 PM
From: N. David Lessani  Read Replies (2) of 15615
 
At any rate, if Global center go IPO, Parent Company (Also called insiders) will own probably 90% of outstanding shares of this new company like all IPO come to the market recently. We the share holders of GBLX will own part of this new company as well. This will increase shareholders value. If I am wrong ,please someone correct me.
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