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


To: mts362 who wrote (4804)3/13/2000 7:30:00 PM
From: RobertSheldon  Read Replies (1) | Respond to of 15615
 
The number of shares are not specified in the filing (and this is one that I have not been able to quantify other ways), but they were part of the third round which raised $23M, fully half of the total raised in all 3 rounds. Their are several groups that Global Crossing may have utilized to secure their investment. I will try to get further information.

I stopped in my analysis of Global Crossing due to the potential for a merger. I try to utilize my time in an effiecent manner, and with GBLX at these very low valuations and the possibility of a merger, I am becoming distracted by other "interesting" ideas that need to be explored. Witness ARCC - a beautiful case in point.