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

To: Dan B. who wrote (2997)	10/31/1999 2:48:00 AM
From: Robert Sheldon	Read Replies (1) \| Respond to of 15615

Some synergies I missed . . . From the Salomon Smith Barney ~ October 28, 1999 note: Furthermore, its agreement with Telergy in New York will also bring GBLX to close to every major business customer in New York when the Telergy network is completed in 2000, and having the utility's rights of ways will allow GBLX to build into buildings very quickly in New York. As a result of this expansive network, GBLX will be able to put more traffic on its own network and thus, proforma for FRO expects to see margin expansion.

To: Dan B. who wrote (2997)	10/31/1999 9:51:00 AM
From: Jamuck	Respond to of 15615

I think the Jan 35 calls are trading for around 5-6 so as you point out the stock has to be around 40 by jan expiration in order to be profitable, exact price can be found at a OLB that trades options [dreyfus for one] see next post for more info.