Global Crossing - GX (formerly GBLX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Global Crossing - GX (formerly GBLX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: quidditch who wrote (4235)	2/12/2000 10:47:00 AM
From: HW Bowman	Read Replies (1) of 15615

Yr point 5: hostile mating of greyhound and elephant unlikely due to extraordinarily high percentage of inside ownership. Winnick controls abt 46% individually and through his Pacific Capital venture. Read somewhere that insiders control 72%, although I don't know if that is current. Therefore institutional investors looking for a short term premium don't hold the necessary cards to dictate outcome. If management sells out, it will be on its terms, and these guys are certainly more aware of the elephant/greyhound situation than anyone. Otherwise, they wouldn't have bet their careers. They will play their cards for maximum benefit, and given the perfect congruence of management and shareholder interest, the little guys are well protected. I would never want to sell this one out, but if management recommended it, I would be hard put not to take a real close look.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next