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

To: Howard C. who wrote (2826)	10/25/1999 12:19:00 AM
From: brk	Read Replies (2) \| Respond to of 15615

I prefer utility companies with a high dividends yield, but 9% is mighty attractive, isn't it. Never hurts to diversify. :-)

To: Howard C. who wrote (2826)	10/25/1999 10:41:00 AM
From: TechMkt	Respond to of 15615

Monday October 25, 10:13 am Eastern Time Company Press Release Global Crossing's New WebSaver Plan Leverages Power of Internet to Fuel E-Business 'WebSaver' Combines the Convenience of the Internet with the Power of the Global Crossing Network ROCHESTER, N.Y.--(BUSINESS WIRE)--Oct. 25, 1999-- E-Business Approach Offers Breakthrough Rates for 7 Million Small Businesses Global Crossing Ltd (Nasdaq:GBLX - news) today announced an aggressive web-enabled telecommunications program targeted at the exploding small business marketplace. The Internet-based service, known as ``WebSaver,' is a do-it-yourself telecommunications solution available to any entrepreneur with Internet access. The program includes discounted interstate long distance rates, ranging from $.08 to as little as $.065 per minute, with no term commitments and no monthly recurring charges. To round out the program, small business users get quick, private and secure web-based, account access via Global Crossing's industry-leading account management tool, uCommand(SM). ``WebSaver is a complete e-business-enabled telecommunications package,' said Donna Reeves, President of Business Services for Global Crossing North America. ``Small, growing businesses can now take advantage of the technological breakthroughs from which larger corporations have benefited for some time. Everything is automated, which translates into additional savings opportunities for our customers.' WebSaver and uCommand give business customers greater control and visibility over their communications accounts. Customers register for these services through a secure website. They are then billed automatically to a credit card account and subsequently receive electronic invoices. These online services help customers manage expenses through real-time viewing of billing statements as well as the ability to monitor calling patterns more efficiently. ``With the WebSaver suite of products, Global Crossing assists its customers in harnessing the power of the Internet to reduce costs, grow markets and find additional business-efficient solutions,' added Reeves. ``WebSaver offers small business customers improved savings and flexibility, which are key factors in today's competitive marketplace.'