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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (1167)	6/14/1999 12:47:00 PM
From: Teddy	Read Replies (1) \| Respond to of 15615

My thought is that GBLX-FRO-USW is a better (more GSP) company than QWST-FRO-USW and the deal gets done as originally planned. Bob A sounded pretty confident. Have a nice week, we do not bring our PC's on vacation. Here's a piece from a raving lunatic that was long QWST: One More in an Era of Travesties By James J. Cramer 6/14/99 10:04 AM ET Let's be really cynical for a second. BellSouth (BLS:NYSE) was going to buy Qwest (QWST:Nasdaq) last week. That boosted Qwest's stock considerably. So considerably, in fact, that the honchos behind Qwest have decided to savage shareholders with an awesomely dilutive hostile acquisition using the newly boosted stock price. Who thinks of these things? Who comes up with these ideas? I know the answer: People who think their stock is too high. You don't go printing millions upon millions of your shares and debasing your currency unless you believe the suckers -- oops, sorry, the shareholders -- don't know anything and can be sacrificed. This bit of cynical investment banking is another shot at those who are trying to own high-growth companies. If the interest rates don't shake you out and the volatility (read decline) doesn't shake you out, you can bet management will. Another travesty in an era of travesties....