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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (83244)	7/12/1999 1:08:00 PM
From: Ron	Respond to of 119973

GBLX News: NEW YORK, July 12 (Reuters) - Global Crossing Ltd., the telecommunications upstart competing to buy Frontier Corp. and U S West Inc., said on Monday its second-quarter revenues would exceed Wall Street expectations but one-time expenses would dampen its operating results. Global Crossing <GBLX.O> said its second-quarter revenues would be about $190 million, exceeding analysts' estimates and the company's internal targets. It cited robust sales and circuit activations on its Atlantic Crossing 1 (AC-1) undersea cable and on associated land-based circuits. One-time expenses related to merger activity and financing will hold down operating results, it said, without providing details. Its other undersea cables -- Pacific Crossing, Pan European Crossing, and Mid-Atlantic Crossing -- are developing significant sales backlogs that will become revenue after those systems enter service later this year, the company said. Global Crossing recently completed the acquisition of the Global Marine subsidiary of Cable & Wireless Plc <CW.L>. It completed the financing of the Global Marine acquisition and refinanced its project debt through a new $3 billion corporate credit facility.

To: NASDBULL who wrote (83244)	7/12/1999 1:13:00 PM
From: Teri Garner	Read Replies (1) \| Respond to of 119973

CATT turned green

To: NASDBULL who wrote (83244)	7/12/1999 1:17:00 PM
From: changedmyname	Read Replies (2) \| Respond to of 119973

PRSW, firming up here, market heading higher. Coverage in one week. CSCO is a client, INTC a shareholder. Small IPO offering, 3 million shares. Jason