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

To: Frank A. Coluccio who wrote (6188)	5/21/2000 8:10:00 AM
From: Curtis E. Bemis	Read Replies (1) \| Respond to of 15615

OK, you didn't click enough-- Here is a link for the Joint Venture LLC between GBLX, MFNX and Racal, all mentioned on the same page. The word is joint venture and they formed ION to do that--MFNX in US and Racal in UK with GBLX between them (undersea). Private line service, US<->UK, E1/T1/DS3/E3 etc., and backhaul. ionworld.com The way we communicate is changing everyday. Data networking, video conferencing, the Internet ? all of these have become vital means of communications. A wide variety of telecommunications carriers and service providers are entering the marketplace, ready to meet the demand created by the changing nature of communications. And International Optical Network, LLC (ION) is uniquely positioned to provide these carriers with the infrastructure they require to implement their business plans quickly and cost-effectively. ION is a unique player in the international telecommunications marketplace, providing managed international network solutions to carriers of all kinds. ION is a joint venture between two leading fiber optic network based providers, Metromedia Fiber Network of the United States and Racal Telecom of the United Kingdom. By leveraging the parent companies? assets on both sides of the Atlantic and securing its own international agreements, ION can offer unparalleled infrastructure and expertise on both sides of the Atlantic. ION is ready with complete, end-to-end, turnkey network solutions or customized network elements ? enabling carriers to deliver new services, expanded intercontinental network reach, and greater capacity. Whatever a carrier needs to compete and grow in the exciting telecommunications marketplace ? from network capacity to outsourced, transparent network operations ? ION delivers it, no hassles, no nonsense. ************ Make sure you Bookmark that GBLX Resource page--It takes you throughout the enterprise. (Now, if GBLX as as investment would just get off the dime, we might be somewhere) tickertapes.co.uk

To: Frank A. Coluccio who wrote (6188)	5/21/2000 9:24:00 AM
From: TechMkt	Respond to of 15615

Here is a portion of an article from TSC about NTT's acquisition desires. Fez ______________________________ Markets : The Coming Week in Asia The Coming Week in Asia: NTT Gets Global 5/21/00 4:30 AM ET TOKYO -- Nippon Telegraph & Telephone (NTT:NYSE ADR - news - boards), Japan's largest telecom operator, is the kind of company U.S. trade authorities hate to bump heads with. NTT, which is still 53% owned by the Japanese government, has refused to cut the rates it charges other carriers to use its lines, essentially ensuring continued monopoly status. Meanwhile, deregulation abroad allows it to expand its global reach. Lately, it has been stepping over borders to expand its telecom business into Asia, the U.S. and Europe. And while that's the kind of thing that sticks in U.S. Trade Representative Charlene Barshefsky's craw, it's also one of the reasons many foreign funds have big NTT stakes. ...Meanwhile, DoCoMo is expanding its mobile empire. Earlier this month, it bought a 15% stake in Dutch mobile phone operator KPN Mobile. This purchase made a mobile phone web among Korea's SK Telecom (SKM:NYSE ADR - news - boards), Sonera (SNRA:Nasdaq ADR - news - boards) of Finland, Hong Kong's Hutchison Telecommunications, a unit of Hutchison Whampoa (HUWHY:Nasdaq ADR - news - boards), and VoiceStream Wireless (VSTR:Nasdaq - news - boards) of the U.S. Besides launching third-generation phones using the W-CDMA technology, this alliance will allow DoCoMo to launch a bid for the U.K.'s Orange, experts say. ..."As far as the market is concerned, it's good to see NTT finally in the mergers and acquisitions scene, which it has been quite absent from," says Kate Lye, analyst at Warburg Dillon Read. Lye's 12-month target for NTT is 2.61 million yen (the stock currently trades around 1.3 million) and she has a buy recommendation on the stock. (WDR currently does not have any brokering ties with NTT, but was one of the global coordinators for the sale of NTT shares last year.)