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

To: Emile Vidrine who wrote (11919)	6/18/2001 11:48:20 AM
From: Raj Ramaswamy	Read Replies (2) \| Respond to of 15615

Emile, if Winnick 'realizes' $40 million profit you are talking about, it will tantamount to insider trading...any paper profit or loss whether inside or outside the collar will not be construed as such... I doubt that Winnick will stope so low to make $40 million on his investments which run in billions...but heck, who knows..you can buy a lot of pizza's for $40 million bucks..<gg>

To: Emile Vidrine who wrote (11919)	6/18/2001 12:07:41 PM
From: jopawa	Respond to of 15615

I know that within that challenged perspective of yours, you meant well. No i didn't. Please tell us all the details, what puts did he buy? What calls did he buy? When did he sell his puts for a gain? Where did you dig up this info? The only info you have is the FACT that he sold the 10 mil at 12 and change, and he bought the calls and puts. You have no clue as to anything other than that.