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

To: RobertSheldon who wrote (5673)	4/19/2000 1:26:00 PM
From: TechMkt	Read Replies (1) \| Respond to of 15615

Here is a piece of the DT article about their earnings. Fez _________________ Seeking U.S. acquisition Wellendorf -- along with most observers -- said a big question mark still hangs over the German firm's international strategy. This was an area Deutsche Telekom's chairman Ron Sommer tried to address at a news conference. He reiterated that his company's keen on penetrating the U.S. market following the end of its alliance with Sprint Corp. (FON: news, msgs) which -- regulatory approval pending -- is being bought by MCI WorldCom Inc. (WCOM: news, msgs). "It is clear that we are thinking in terms of an acquisition and not simply a loose alliance (in the U.S.)," Sommer (CEO)said. Earlier in the year Deutsche Telekom was reportedly close to buying Qwest Communications International Inc. (Q: news, msgs) and has also been linked to Global Crossing Ltd. (GBLX: news, msgs) and Cable & Wireless PLC (CWP: news, msgs) of the U.K. However, Sommer's declined to comment on this, merely saying that when it has something concrete, Deutsche Telekom will make an announcement.