Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: W. Luther who wrote (403)	3/16/1999 7:53:00 PM
From: Teddy	Read Replies (1) of 15615

funny thing about Rumors: they always seem to come up when a stock has had a big run up before Options Expiration Day (3rd Friday). Last Friday the diligent reporters at bloomberger let us in on the little secret that GBLX (or someone else) might buy IIXC for $53 (IIXC was $54 then, it is $47 now.) Message 8164270 Today we have Herb (who writes some good stuff, i like him) share something during market hours that he knew could not be confirmed or denied. One market source who is very reliable on takeover issues told me he hears a deal between the two could be reported as early as tomorrow morning. .....Frontier and Global Crossing officials couldn't be reached Duh, of course not, they are in New York and the three of them will be speaking at Merrill Lynch's 8th Annual Global Telecommunications CEO Conference tomorrow: Message 8298812 WEDNESDAY, MARCH 17 8:45 - 9:15 A.M. FRONTIER CORP. Joseph P. Clayton President & CEO 10:15 - 10:45 A.M. IXC COMMUNICATIONS Benjamin L. Scott Chairman & CEO 11:25 - 11:55 A.M. GLOBAL CROSSING LTD. Robert Annunziata Chief Executive Officer O the drama of it all.<G>

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