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


To: mozerd who wrote (4197)2/6/2000 9:04:00 PM
From: Brent Hogenson  Read Replies (1) | Respond to of 15615
 
Actually mozerd I am more interested in buying the initial shares that are issued in GC. Why should GBLX go to the street and sell them for say $30 a share and net of underwriting only get $28.5 when they can get the full $30 from their shareholders? And you know the shares will probably double at the opening. So why not let the current shareholders benefit from this? I believe Gary Winnick is "shareholder friendly" and if enough shareholders show interest in buying the IPO we might get an allotment of say 1 share for every 5 of GBLX that we own.