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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (13529)	10/5/1999 1:39:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

W.Esrey:one of the joint owners of G1 to buy the company. Sprint chairman says expects sale of Global One NEW YORK, Oct 5 (Reuters) - Sprint Corp. (NYSE:FON - news) Chairman and Chief Executive William Esrey said on Tuesday that he expected one of the joint owners of Global One to buy the company, an international telecommunications firm that has so far been a money-loser. ``I believe that probably the outcome will be one of three parents will buy Global One,' Esrey said at a news conference announcing the $115 billion Sprint-MCI WorldCom (NasdaqNM:WCOM - news) deal, ``It won't keep going in the mode it's in right now.' Esrey said he estimated the sale of Global One, co-owned by Sprint, Deutsche Telekom AG and France Telecom , to take place in the next ``couple of months.' ``I would hope a resolution could occur very quickly to provide certainty into the marketplace and for the employees of Global One,' Esrey said. Zbyslaw