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

To: TechMkt who wrote (11353)	5/18/2001 10:35:23 AM
From: Ally	Read Replies (1) \| Respond to of 15615

Fez, Maffei indicated that TSIX is open for a take-over offer, and is talking to Alcatel for a quick $300 mill cash infusion. Interesting that Alcatel is in the news rumoured to buy out Lucent, at same time, seems prepared to help out TSIX. If there is a take-over, I would think, Alcatel is most likely suitor. Or, OTOH, Alcatel could be vicious, and just let be, and buy meat off TSIX carcass. Whether TSIX is taken over or vultured, would be interesting to watch as to who will be anxious to buy an ongoing concern rather than pick on a carcass. WRT questions to ask at annual meeting, I would suggest erring on the side of being more aggressive, rather than passive. After all, the stock has been a dismal failure in the past year, and shareholders should hold management accountable for the stock performance, irrespective of how arrogant Winnick is on his personal philosophy of not worrying about the stock price. As mum would say "If Winnick thinks he owns the company without regards to the common shareholders, then he should pay us, so he'll have the toy private all to himself." I have 2 suggestions on questions: 1. Is management's bonuses and options tied to the stock's performance, and if not, why not? 2. There was some controversy with an analyst on Cohr's statement with respect to commercial revenue. Can management comment on visibility with respect to commercial revenue, and in particular, whether a 35% to 40% growth this year is still feasible after competitors LVLT and TSIX have lowered expectations due to a weak economy.