SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Curtis E. Bemis who wrote (5766)4/24/2000 8:48:00 AM
From: Captain Jack  Read Replies (2) | Respond to of 15615
 
Curt-- Read that and did not find a reason for it to be trading down this morning-- now down 1 1/8????????



To: Curtis E. Bemis who wrote (5766)4/24/2000 10:29:00 AM
From: JDN  Respond to of 15615
 
Dear Curtis: This disposition is expected to include a distribution in the form of a dividend to the holders of Global Crossing group stock

Hmmmm, they say INCLUDE that indicates to me there will be OTHER distributions of the Global Crossing Group Stock. Seems to me right now we the shareholders own 100% of the Global Crossing Stock and all its subsidiaries including Center. Smells like a dilution to me and a surrender of a portion of OUR OWNERSHIP in the total for a piece of paper in a tracking stock. I AM NOT CONVINCED. jdn