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

To: gruetz who wrote (5782)	4/24/2000 2:27:00 PM
From: Big Bucks	Respond to of 15615

Gruetz, The way I see it we stockholders will have more shares at less value from here if this proxy passes. It appears more likely than not that management will aggressively move into Global Centers and sell off the other GBLX assets. That could potentially mean that the fiber business could be traded for shares of another company with a limited cash "across the board" for our shares. I don't want shares in another company, I want a solid return on my investment. JMO, BB

To: gruetz who wrote (5782)	4/24/2000 3:13:00 PM
From: JDN	Read Replies (2) \| Respond to of 15615

Dear Gruetz: "just plain and simple have a market anomaly at this time. " Market anomalies of companies of this size, and covered as well as this one, are NEVER plain nor simple. There is more to this than we currently understand, but the market is suspicious, as am I. I think it behooves us to question and debate everything, without insulting those who raise concerns. In that manner maybe eventually we will come to understand exactly what is going on here. As to BB, IMHO the mere authorization of shares is not dilutive, in fact, its not anything. But it gives management the opportunity to do something down the road which we may or may not be in agreement with. In my experience, increases in the authorization of shares of this magnitude usually come with a description of WHY such is wanted (generally for stock splits). I have ventured forth in previous posts some of my suspicions but thats all they are at this point. This is a very clever management, they have proofed that many times before, but their actions have not always been the best for US. I think it is healthy to have skepticism and question any moves of this magnitude. JDN