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

To: PaperChase who wrote (2977)	10/30/1999 7:21:00 AM
From: JDN	Respond to of 15615

Dear PC: Well, that is what seperates the short terms (momentum) from the long termers (investors). Myself, I am tickled pink to have a 33% annual gain in a stock which I guess is roughly the pickup from current price to $45. I want a stock which I dont HAVE to sell but will continue to grow year after year at a respectable rate. I think GBLX qualifies!! JDN

To: PaperChase who wrote (2977)	10/30/1999 11:52:00 AM
From: SKIP PAUL	Read Replies (2) \| Respond to of 15615

This CV issue represents less than 3% dilution. It was a brilliant Financing move essentially done to keep the ratinng agencies happy. Gary Winnick is a brilliant financier. In an earlier post I questioned whether he had the experience to run a telecom company. Well on thinking it over it seems that this company needs more is financing talent. GBLX's goals to become the largest telecom company in the world requires financing skills more than anything else. It seems GBLX is in good hands.