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

To: MDGO who wrote (6491)	6/13/2000 6:36:00 PM
From: Ellen	Read Replies (1) \| Respond to of 15615

institutions should be heavy buyers but aren't. Yes they are. To the tune of 33.6% ownership as of the latest quarter. insidertrader.com

To: MDGO who wrote (6491)	6/14/2000 10:41:00 AM
From: tayspop729	Read Replies (2) \| Respond to of 15615

I have been doing a great deal of reading lately on stock options, the accounting of them and the potential dilutive effect they might have on one's investments. Although I have learned a great deal, I feel like I'm just touching the tip of the iceberg. Nevertheless, I recently undertook a simple exercise relating to the percentage of stock options outstanding in relation to the number of shares outstanding for a variety of companies I or my parents own or are following. Here is a sampling of some of the data I have compiled. For purposes of this post and the point I'm trying to make, you will notice that I'm showing data for a respectable group of firms. Some are renown as tech blue-chips, others are highly regarded high-flyers or even gorillas. Additionally, please note that I used each of these companies' most recent 10k to compile this info. Here's the data: Company Shares Out. Stock Options Out. % of Options AOL 2082.0 399.2 19.17 CREE 29.3 3.9 13.31 DELL 2586.7 320.0 12.37 GMST 199.8 49.6 24.82 INTC 3342.0 305.6 9.14 MEDI 206.4 21.9 10.61 QCOM 659.8 125.2 18.98 RMBS 23.8 3.1 13.03 GBLX 801.7 78.6 9.80 Now, as you can see, Global Crossing is positioned quite nicely in this regard. It is worth considering also that GBLX is a great deal younger than most of these firms, and one thing I have noticed in my admittedly minimal research to date on this subject is that the "New Economy" companies tend to have higher percentages of options outstanding in their start-up years. (Note: Global Crossing percentage for the YE 12/31/98 was 6.54, so their is a trend up...so, we do need to keep an eye on it in the future). But my point is this...there have been a number of claims on this board, without any apparent basis whatsoever, that Global Crossing is issuing stock to insiders like it is going out of style, that the company is being run for the benefit of insiders, etc., when in reality, the numbers show that as far as stock options go, at the present time Global Crossing has nothing to be ashamed of. JMHO. Regards, Scott