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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: JDN who wrote (5081)4/19/2000 12:38:00 PM
From: DWB  Read Replies (1) of 15615
 
Mike,

So you must be really happy to hear the latest news, given that you thought the chances were minimal for them to distribute shares in Global Center to current shareholders...

An IPO is an IPO regardless whether it is an affiliate company or a spinoff of a subsidiary like Global Center. As to the former I think there is NO CHANCE we would get any shares as GBLX is one of 3 partners in the deal. As to the latter I dont think its been announced but I would consider our chances of getting any shares or even the opportunity to participate in the IPO as MINIMAL

DWB
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