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

To: David C. Burns who wrote (4670)	3/3/2000 8:32:00 AM
From: Wyätt Gwyön	Respond to of 15615

08:14 ET Global Crossing (GBLX) 54 3/8: Stock trading up to 55 3/16 pre-market on Bloomberg report that Deutsche Telekom has talked to the company about a possible merger.

To: David C. Burns who wrote (4670)	3/3/2000 8:34:00 AM
From: Jeffrey D	Respond to of 15615

The following article says talks are still ongoing. Even if GBLX is not interested in selling, there is the avenue of a hostile takeover open to DT. Jeff << FINANCIAL POST: DEUTSCHE TELEKOM SAID IN TALKS TO BUY GLOBAL CROSSING 100% match; Financial Post - Canada ; 03-Mar-2000 12:00:00 am ; 74 words HAMILTON, Bermuda - Deutsche Telekom AG is in talks to buy Global Crossing Ltd., owner of a worldwide telecommunications network, to expand in the United States, Asia and Latin America and develop Internet connections for businesses, a person familiar with the situation said. The talks, which are in the early stages, could stretch out or founder, the person said. Deutsche Telekom and Global Crossing, with a market value of $44.6-billion (US), haven't reached agreement on price, the person said. Global Crossing declined to comment. Deutsche Telekom wasn't immediately available for comment. World Reporter All Material Subject to Copyright