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

To: Ally who wrote (11270)5/16/2001 11:09:12 PM
From: RobertSheldon  Respond to of 15615
 
Great summery of the implications for the preferred Ally.



To: Ally who wrote (11270)5/16/2001 11:46:08 PM
From: trainleaving  Read Replies (1) | Respond to of 15615
 
Intentional or unintentional, they timed the announcement of the dividend with the TSIX earnings release. Good job! While TSIX cuts back on capex to pay their debt, GX is paying out dividends.



To: Ally who wrote (11270)5/17/2001 6:20:10 PM
From: zyx1996  Read Replies (1) | Respond to of 15615
 
Ally,
thanks for the information. You mentioned that those people are getting 10.5% dividend rate. I don't think I understand this. How much those people paid for the shares? in the 50s? Zeren


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