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

To: JDN who wrote (5713)4/20/2000 1:54:00 PM
From: RobertSheldon  Read Replies (1) | Respond to of 15615
 
*I have only one simple little question, why is the language so wishy/washy in the registration statement as to the treatment of the shares vs a vs the GBLX shareholders?*

This is one example of why I am waiting to get answers from the horses mouth. Or is it, don't look a gift horse in the mouth?



To: JDN who wrote (5713)4/20/2000 1:57:00 PM
From: SecularBull  Respond to of 15615
 
Management wants the flexibility to raise capital, similar to the shelf registration to sell more shares. The market conditions will dictate how much is distributed and how much is offered inb the IPO.

LoF



To: JDN who wrote (5713)4/20/2000 2:03:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 15615
 
JDN -- <<"why is the language so wishy/washy in the
registration statement as to the treatment of the shares ">> I have seen the same language more than once. Check COMS/PALm and it is almost verbatum. It will come but much of the timing is dependent on many different items such as taxes etc..


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