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To: Tim Luke who wrote (1781)9/6/2000 2:54:12 PM
From: HandsOn  Read Replies (1) | Respond to of 8686
 
Got some more GLIA at 7 17/32.



To: Tim Luke who wrote (1781)9/6/2000 8:42:23 PM
From: matt dillabough  Respond to of 8686
 
DJ Qwest Commun Files To Sell 1.47M Global Crossing Shrs>GBLX

Dow Jones News Service ~ September 6, 2000 ~ 4:12 pm EST

WASHINGTON (Dow Jones)--Global Crossing Ltd. (GBLX) shareholder Qwest Communications International Inc. (Q) registered to sell 1,473,000 shares of Global Crossing's common stock, according to a Form 144 released Wednesday by the Securities and Exchange Commission.

A Form 144 indicates an intention to sell restricted stock, but it isn't a commitment to do so.

The shares have a market value of about $49.4 million, according to the filing.

The filing indicates Qwest intended to sell the shares Sept. 1 on the Nasdaq National Market. J.P. Morgan was listed as the broker for the transaction.

As reported on Sept. 1, Qwest filed to sell 630,000 shares of Global Crossing's common stock. The shares were intended to be sold on Aug. 29.

Bermuda-based Global Crossing develops broadband, global fiber-optic networks for Internet and long-distance telecommunications services.

Denver-based Qwest builds and installs fiber-optic communication systems and offers long-distance service and sells capacity to carriers.

-Carrie DeLeon, Dow Jones Newswires/Federal Filings Business News; 202-628- 7663

(END) DOW JONES NEWS 09-06-00

04:12 PM