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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Elroy who wrote (14097)10/1/2001 10:31:52 AM
From: JimieA  Read Replies (1) of 15615
 
I would guess Exodus investment is included in Other Assets.

Remember, GX is marking down it's Exodus investment every quarter through direct charges to GX's equity section.

Per 10-Q:
"On January 10, 2001, the Company completed the sale of its complex web hosting services business, GlobalCenter, Inc., to Exodus Communications ("Exodus") for 108.2 million Exodus common shares. A gain of $82, net of tax of $44, was recorded upon the sale and has been reflected in the accompanying condensed consolidated financial statements. The value of the shares was $1,918 at the date of closing and $223 at June 30, 2001."
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