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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Redhook who wrote (21600)	9/15/1999 10:23:00 AM
From: AlienTech	Read Replies (1) \| Respond to of 43080

Ted David Takes Stock with Brian Clifford In this Taking Stock segment on Market Wrap, Ted David interviewed Brian Clifford, portfolio manager at SunAmerica Asset Management. Clifford remains bullish, although he believes the Nasdaq may be a bit overbought right now. Below are three of his exclusive picks for CNBC.com, as well as his thoughts on each company and a recap of his on-air picks. Remember to tune in to Market Wrap everyday for other picks from Wall Street's finest. Interliant (INIT) --it's an application service provider. --the company is a leader in this developing space. Detailed Quote 1-Year Chart Earnings Estimates Company Snapshot Atmel (ATML) --it makes flash memory products. --flash memory prices are up 100 percent year-over-year. Detailed Quote 1-Year Chart Technical Data Earnings Estimates Global Marine (GLM) --it's another way to play the oil services group. --the company specializes in offshore drilling for oil and natural gas. --Clifford says it's a good way to leverage the increase in activity in the Gulf of Mexico. cnbc.com

To: Redhook who wrote (21600)	9/15/1999 10:41:00 AM
From: AlienTech	Respond to of 43080

Trying for some GBLX, seems like it broke the downtrend. hmmm maybe not.. But hey no pain no gain huh.. ops filled 26 5/16 DJ Global Crossing - NY Network -2: Includes 96 Fiber Strands NEW YORK (Dow Jones)--Global Crossing ltd. (GBLX) acquired rights to 96 fiber strands in a New York-area network from Telergy Inc. Terms weren't disclosed. In a press release Wednesday, Global Crossing said it acquired an ownership position in Telergy, which is developing a 100-mile New York City network, and representation on Telergy's board. Global Crossing, Hamilton, Bermuda, is developing an IP-based fiber optic network. -Dave Copeland; 201-938-5400 (END) DOW JONES NEWS 09-15-99 05:23 AM Global Crossing Acquires Rights To New York Fiber Network HAMILTON, Bermuda--(BUSINESS WIRE)--Sept. 15, 1999--Global Crossing Ltd. (Nasdaq:GBLX): -- 96-fiber Manhattan network is first of several planned city networks that will be added to the Global Crossing Network. -- 100-mile network to connect all major central offices and telehouses in New York City. -- Adds last-mile access rights to 1 million homes and office buildings in New York City. -- Gives Global Crossing ownership interest in Telergy, which is building the network (40 miles in Manhattan). Global Crossing Ltd. (Nasdaq:GBLX), which is building and operating the world's most advanced global IP-based fiber optic network, Tuesday announced that it has acquired 96 strands of fiber throughout the New York area through a definitive agreement with Telergy Inc., a leading provider of integrated communication services in New York state and the northeastern United States. The agreement provides Global Crossing with an ownership position in Telergy, and representation on Telergy's board of directors. "This agreement with Telergy extends the Global Crossing Network throughout New York City, one of the the world's most important commercial centers," said Bob Annunziata, chief executive officer of Global Crossing. "The New York City metropolitan network is the first of at least 10 city networks around the world that we expect to incorporate into the Global Crossing Network before year-end 2000. New York is a hub for much of the world's communications, and this relationship guarantees the ability to terminate and originate traffic for Global Crossing as we ramp up our trans-oceanic links across the Pacific to Asia, along the American continents to the great cities of South America, and throughout Europe via Atlantic Crossing and Pan European Crossing." "This strategic relationship is exciting for several reasons," said Brian Kelly, chief executive officer of Telergy. "This agreement is a clear sign of the value of the diversity and end-to-end reach of the Telergy network. This will allow us to accelerate the rapid deployment of the Telergy network throughout the Northeastern U.S., and provide us a gateway to the world through Global Crossing's international network." Telergy's 100-mile New York City network, which is being designed and built by MasTech Inc. (NYSE:MTZ), includes 40 miles in Manhattan alone. Added Kelly: "Through our alliances with local utilities, the Telergy network in New York City follows a more diverse right of way route and will add more miles and greater building access than any other New York City fiber network. It will connect all major central offices and telehouses in NYC and has the rights of way to connect 1 million homes and buildings in Manhattan and the other boroughs." Under the agreement, Global Crossing and Telergy will also explore co-build opportunities in the northeastern United States and seek to utilize the Telergy network as needed for redundancy and termination of Global Crossing traffic in certain areas. About Global Crossing Global Crossing is building and operating the world's most advanced global IP-based data-centric network, an end-to-end fiber optic platform for data, voice, video and Internet transmissions. The Global Crossing Network will span five continents and address 80 percent of the world's international traffic. A new unit of Global Crossing, Global Marine Systems Limited, possesses the largest fleet of cable laying and maintenance vessels in the world and currently services more than a third of the world's undersea cable kilometers. Global Crossing's operations have headquarters in Hamilton, Bermuda, with executive offices in Los Angeles. Visit Global Crossing at www.globalcrossing.com on the World Wide Web. About Telergy Telergy is a leading facilities-based provider of integrated communication services and high bandwidth fiber optic capacity in New York State, including a 1,700 route mile system connecting NYC to Montreal. The company's customers are telecom carriers and large and medium-sized corporations with enterprise networking needs. The company's agreements with regional utilities provide it with the most comprehensive continguous utility rights of way in New York State and last-mile access to more than 10 million utility customers in New York State, including access to more than 1 million building entranceways in New York City alone. Statements made in this news release that state the company's or management's intentions, beliefs, expectations or predictions for the future are forward-looking statements. It is important to note that the company's actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's filings with the U.S. Securities and Exchange Commission (SEC). Copies of these filings may be obtained by contacting the company or the SEC. CONTACT: Global Crossing Ltd., Los Angeles Jensen Chow, 310/385-5283 (investor/analyst contact) jchow@globalcrossing.com Tom Goff, 310/385-5231 (media contact) tgoff@globalcrossing.com or Telergy Tim Carroll, 315/433-5330 Tcarroll@telergy.net 05:01 EDT SEPTEMBER 15, 1999