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

To: Teddy who wrote (2097)	9/23/1999 7:28:00 PM
From: TechMkt	Respond to of 15615

Teddy, You have the right phone number but wrong reservation code. Here is the real data for the Frontier Shareholders conference call. It realy is a MUST listen: 1-800-448-8533 Reservation #13132581

To: Teddy who wrote (2097)	9/23/1999 10:49:00 PM
From: LLCF	Read Replies (1) \| Respond to of 15615

<Mentioned the buy back: Global has $33B in cash.> What? Is that a typo???? DAK

To: Teddy who wrote (2097)	9/24/1999 10:22:00 AM
From: Douglass Smith	Read Replies (2) \| Respond to of 15615

Teddy and others, Thanks for your synopsis of the FRO conference call. I will listen to it today. Another thing Winnick said at the meeting on Weds. was that all shareholders of GBLX would get shares of Asia Global Crossing when it went public. They are intending to spin it off (at least in part) in order to raise capital to create their Asian network. The rest of their planned network is already financed. Winnick said they would also look into opportunities for shareholders to buy additional shares before the spinoff. Though I don't know how likely that would be. He made it clear that management had given up the opportunity to sell more shares at $62.50 to US West (during that aborted deal) so that smaller shareholders could get a larger part of that deal. Doug