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

To: RobertSheldon who wrote (6500)	6/14/2000 7:12:00 AM
From: Teddy	Respond to of 15615

Global Crossing Rated New 'Strong Buy' at Guzman & Co (who???) 6/14/00 2:32:00 AM Source: Bloomberg News Princeton, New Jersey, June 14 (Bloomberg Data) -- Global Crossing Ltd (GBLX US) was rated new ''strong buy'' in new coverage by analyst Patrick Comack at Guzman & Company. The 12-month target price is $60.00 per share.

To: RobertSheldon who wrote (6500)	6/14/2000 8:14:00 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 15615

The markets would promptly sell off GBLX regardless of synergies and probably drive the stock into the teens This eventuality is likely to be considered in advance by ENT mgmt. Considering issue is already at a market cap of $10BB, why should they take $10BB in stock from GBLX--a currency they can expect to depreciate upon receipt? That is one of the reasons for requiring a premium in an acquisition. Given GBLX's depleted market cap, I doubt they have the headroom to make the risk/reward ratio appealing to ENT.

To: RobertSheldon who wrote (6500)	6/14/2000 8:35:00 AM
From: matt dillabough	Read Replies (2) \| Respond to of 15615

DJ France Telecom Chmn: No Talks With Equant >FTE Dow Jones News Service ~ June 14, 2000 ~ 6:38 am EST (MORE) DOW JONES NEWS 06-14-00 06:38 AM DJ France Telecom Chmn/Equant -2: CNBC Interview >ENT LONDON (Dow Jones)--France Telecom (FTE) Chairman Michel Bon said Wednesday that there are "no negotiations" between his company and data services carrier Equant NV (ENT) about a potential takeover. Bon was speaking in a television interview with CNBC Europe. His comment follows media speculation this week that France Telecom was among the companies looking at a near $10-billion purchase of Equant, which would fit well with its Global One business communications unit. U.S. telecommunications group Global Crossing Inc. (GBLX), which declined to comment Tuesday, was also said to be in merger discussions with Equant. (END) DOW JONES NEWS 06-14-00 07:03 AM