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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Tumbleweed who wrote (405)3/16/1999 4:10:00 PM
From: Teddy  Read Replies (1) of 15615
 
hi Joe, i guess you didn't read the Prospectus before you invested.
exchange2000.com

Add one year to August 13, 1998.

.....Check out page 75, fourth paragraph:

In general, under Rule 144 as currently in effect, if one year has elapsed since the
later of the date of acquisition of restricted shares from the Company or any
affiliate of the Company, as that term is defined under the Securities Act, the
holder is entitled to sell within any three-month period a number of shares of
Common Stock that does not exceed the greater of 1% of the then-outstanding
shares of Common Stock or the average weekly trading volume of shares of
Common Stock on all exchanges and reported through the automated quotation
system of a registered securities association during the four calendar weeks
preceding the date on which notice of the sale is filed with the Commission. Sales
under Rule 144 are also subject to certain restrictions on the manner of sales,
notice requirements and the availability for current public information about the
Company......
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