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To: the Chief who wrote (35963)	4/25/2000 1:26:00 PM
From: Shack	Respond to of 62347

TSX-I was actually more enthralled with the market reaction than anything fundamental. It was a relatively successful IPO and it held up all day yesterday during the tech sell-off. It looked to be a keeper but I am stopped out right now.

To: the Chief who wrote (35963)	4/25/2000 1:50:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 62347

What do I know, I sold my CNR @43.95 & bought TSX @26.00 today.

To: the Chief who wrote (35963)	4/25/2000 2:47:00 PM
From: Ruyi	Read Replies (1) \| Respond to of 62347

Chief I'll get back to you on that,I don't want to get into trouble talking fundementals during market hrs.<GGGG>

To: the Chief who wrote (35963)	4/25/2000 11:26:00 PM
From: Ruyi	Respond to of 62347

Chief re; TSX LT this is what attracted me ,taken from RB .Short term momo who knows ,a TSE index listing would dry up the float a little. DeLL & others have invested al be it at lower levels. MANAGEMENT, BOARD OF DIRECTORS AND TECHNOLOGY ADVISORY BOARD - APPOINTMENT OF CHIEF EXECUTIVE OFFICER. Mr. Gregory Maffei joined us as Chief Executive Officer in January 2000. He was previously employed by Microsoft Corporation for seven years, most recently as Chief Financial Officer, where he was responsible for Microsoft's worldwide financial, corporate development and strategic investment initiatives. - APPOINTMENT OF ADDITIONAL DIRECTORS. The following persons have agreed to join our board of directors upon completion of this offering: - Kevin Compton, a general partner of Kleiner Perkins Caufield & Byers; - John Malone, Chairman of Liberty Media Corporation; and - John Stanton, Chairman and Chief Executive Officer of Western Wireless Corp. and VoiceStream Wireless Corp. - FORMATION OF TECHNOLOGY ADVISORY BOARD. We recently formed a Technology Advisory Board to advise us on network technology directions, help us develop products and services to meet the requirements of our customers and capitalize on the convergence of telecommunications and high bandwidth applications and services. The following persons have agreed to serve on that board: - Michael Dell, Chairman and Chief Executive Officer of Dell Computer Corporation; - Terence Matthews, Chairman and Chief Executive Officer of Newbridge Networks Corporation; - Dr. Nathan Myhrvold, Chief Technology Officer of Microsoft Corporation; - Anthony Naughtin, President and Chief Executive Officer of InterNAP Network Services Corporation; and - Denis O'Brien, Jr., Chairman of Esat Telecom Group, plc. STRATEGIC INVESTMENTS We will continue to pursue future investments, acquisitions or strategic alliances in businesses or assets that are related or complementary to our existing business. We have agreed to make a minority equity investment in TeraBeam Corporation, an emerging broadband services provider. STRATEGIC INVESTORS Since September 1999 investors have purchased or agreed to purchase approximately $1 billion of our equity in private transactions from Ledcor and us. Approximately $593 million of these purchases is subject to consummation of this offering. These investors include, most recently, affiliates of: - Comcast Corporation; - MSD Capital L.P., the private investment fund for Michael Dell; - Liberty Media Corporation; and - Shaw Communications Inc., 4 each of which has agreed to invest approximately $120 million. Other purchasers include affiliates of Oak Investment Partners, Denis O'Brien, Jr., Kleiner Perkins Caufield & Byers and Dr. Nathan Myhrvold. In addition, certain shareholders of GlobeNet, including Boston Ventures Limited Partnership V, Kelso Investment Associates VI and Providence Equity Partners III, are expected to purchase, in the aggregate, approximately $74.3 million of shares. A prior private investment, aggregating $345 million, was made in September 1999 by affiliates of: - Donaldson Lufkin & Jenrette Securities Corporation; - Goldman, Sachs & Co.; - Providence Equity Partners Inc.; and - Tyco International Ltd. Each of these strategic investors has agreed not to dispose of or hedge any of their shares acquired in these private transactions during the period from the date of this prospectus continuing through 12 months after the date of this prospectus, except with the prior written consent of Goldman, Sachs & Co., Donaldson, Lufkin & Jenrette Securities Corporation and 360NETWORKS INC. See "Description of Capital Stock and Share Capital Reorganization" and "Shares Eligible for Future Sale."