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

To: RobertSheldon who wrote (5693)	4/20/2000 7:19:00 AM
From: TechMkt	Respond to of 15615

I think we are getting some strong signals. Other takeover targets could be SBC or other baby bells, but they offer significant regulatory approval, which GBLX doesn't. Fez _____________________ Deutsche Telekom (DT:NYSE ADR - news - boards) dropped 4 3/4, or 6.7%, to 66 3/8 after CEO Ron Sommer, at a news conference, said that in the long run, his company in the U.S. "will be at least as strongly represented as we are now in Germany and Europe," Reuters reported.

To: RobertSheldon who wrote (5693)	4/20/2000 9:16:00 AM
From: gruetz	Read Replies (4) \| Respond to of 15615

Why does the announced structure of the GC IPO and potential dividend of the remaining GC stock to GBLX shareholders 1) point to a sale of GBLX in the near term and 2)why is issuance of a tracking stock being done rather than alternative structures? Robert, how do you value GC, and where does it come out relative to Exodus? If it is so clear that GBLX will be marketing itself for sale, why isn't their more strength and/or volume in this stock? I am puzzled. The stock behaves more like a company that is trying to sell itself in a fit of desperation rather than one that has the best telecom assets in the world (according to Grubman, and I tend to agree with him). Am interested in your thoughts for knowledge sake as well as an interested investor with much at stake. Thanks.