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

To: Captain Jack who wrote (5767)	4/24/2000 8:53:00 AM
From: Curtis E. Bemis	Respond to of 15615

Agree--From that S14-A there is no reason to be down in pre-market. However, the MSFT disease is getting us-- MSFT is trading down 15%. The whole sector will suffer.

To: Captain Jack who wrote (5767)	4/24/2000 10:51:00 AM
From: Big Bucks	Read Replies (1) \| Respond to of 15615

CJ, I am not happy with what I just read, talk about dillution of shareholder value. GBLX as a corporation would have 4x the number of shares as exist now. How does that increase shareholder value??? I have seen this type of activity in other stocks and it has cost me $$$ each time it occurred. At some point in the future the companies seem to always do a reverse split and take away any shareholder equity to the benefit of lining managements' pockets. Right now I'll vote NO!!!!! Unless someone can give me a compelling argument that we shareholders will really see any intrinsic increase in share value. All comments, arguments welcome. Tia, BB