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


To: TechMkt who wrote (6325)5/28/2000 3:36:00 PM
From: gruetz  Respond to of 15615
 
In their latest research pieces, Lehman referred to 1.007 billion FULLY DILUTED shares and Salomon Smith Barney referred to 910.1 billion FULLY DILUTED shares. The difference is probably explained by the inclusion or exclusion of the most recent convertible financing.



To: TechMkt who wrote (6325)5/28/2000 6:50:00 PM
From: gruetz  Read Replies (1) | Respond to of 15615
 
Fez, Robert, and others:

If market continues as is thru the summer, what are the chances the 2 IPO's get postponed in your opinion?



To: TechMkt who wrote (6325)5/29/2000 4:56:00 AM
From: PaperChase  Read Replies (1) | Respond to of 15615
 
"GBLX now has enough shares where if the stock skyrockets, they have enough shares to do a split again. "

Huh? I never heard of such a funny line! There is a lot of deadpan comedy on this thread lately.



To: TechMkt who wrote (6325)5/30/2000 11:32:00 AM
From: SecularBull  Read Replies (1) | Respond to of 15615
 
The extra shares are on a shelf registration, which gives the Board the option to issue further shares as needed for acquisitions and financing. These shares have been authorized by the shareholders.

I doubt that their purpose is for stock splits.

Regards,

LoF