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


To: Howard C. who wrote (3967)1/13/2000 5:19:00 PM
From: mts362  Read Replies (2) | Respond to of 15615
 
They did not invest $1B, I think their share was more like $125MM.



To: Howard C. who wrote (3967)1/13/2000 5:38:00 PM
From: mozerd  Read Replies (2) | Respond to of 15615
 
Howard C.

Superior management practice dictates that you have all the right contractual caveats. Perhaps you should give the GBLX management more credit. I am certain that they had a covering clause.

The run up had to do with good news coming out of Ireland which involves GBLX connecting with the mainland cities.

..DM..



To: Howard C. who wrote (3967)1/13/2000 11:07:00 PM
From: mozerd  Respond to of 15615
 
Re Ireland - Here is the link of interest

quicken.com

..DM..