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

To: RobertSheldon who wrote (5987)	5/2/2000 5:30:00 PM
From: Captain Jack	Respond to of 15615

NEW YORK, May 2 (Reuters) - Shares of business management software company Novell Inc. <NOVL.O> dropped in after-hours trading on Tuesday in choppy action after warning investors of significantly lower second quarter earnings and revenues. The stock traded at 13 after the bell on Instinet, traders said, compared with a closing price of 17-9/16 on Nasdaq. Novell shares traded in a wide price band ranging from 12-1/2 to 17-9/16. Global Crossing <GBLX.O> inched up to 32-3/4 on Instinet versus a closing price of 32-5/8 on Nasdaq after the long-distance telephone company reported its first-quarter loss. ((Wall Street Desk 212-859-1730)) REUTERS

To: RobertSheldon who wrote (5987)	5/2/2000 6:14:00 PM
From: charger	Read Replies (1) \| Respond to of 15615

Just confirms my theory that this was known by the boys who did the secondary. Bringing out that deal in the midst of such a maelstrom was truly a testament to the faith the Street has in what this company is doing. I will be buying any major dips or retests of the lows. Hard. Watch them sell the news!!!

To: RobertSheldon who wrote (5987)	5/2/2000 7:01:00 PM
From: Teddy	Read Replies (1) \| Respond to of 15615

Robert, i agree "These are REALLY, REALLY, REALLY good numbers." No matter how you slice it, Global Crossing Ltd beet the highest expectations. I'm going to repeat my post and if ANYONE has a higher projection for any of these these numbers from a real analyst, please post it. (OT: Frank, just keep sending in that resume') Message 13542862 Look like they beet all the numbers: Revenue: $1.12 Billion EBITDA: $401 Million (they are using the Recurring Adjusted kind) Loss Per Share: $-.36 All of those numbers a good and better than expected. Here's my guess from a couple of days ago. Message 13528573 Anyway, what kind of numbers do we expect for last quarter? i'm guessing: Revenue: $1.05 Billion EBITDA: $50 Million (or $325 million. Depends on what EBITDA means this week.) Earning Per Share: big loss. maybe -$0.42