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

To: 2brasil who wrote (13246)	8/7/2001 6:52:18 PM
From: Ally	Read Replies (1) \| Respond to of 15615

Re: Nextwave It may not be beneficial to GX shareholders for it to fund Nextwave. All these wireless pie-in-the sky fantasies (how much more communication facilities does a human being need... thank God for the cottage!) may just turn out like the dot.com tulips of past years. Seems like Winnick has a personal rush to get involved with Nextwave, and hopefully he'd used his own money at Pacific Capital Group and not drag GX shareholders along with him. We'll see how independent the BOD is.

To: 2brasil who wrote (13246)	8/9/2001 3:25:42 AM
From: Theophile	Respond to of 15615

Re NextWave I certainly hope it is as clear to others as it is to me that the FCC is owned and operated by the incumbent telcos, regardless of which political party is in control. I question whether NW can petition for an "irreparable damage" due to the long wait for any Court response. Perhaps the court will respond quickly by denying the petition, which to my view is clearly without merit and designed as a bullying tactic by the FCC and telcos to convince NW to release their legal claim on the licenses. There is a piece in the WSJ today, the first accurate rendition of the facts in NW case, and the first time I have seen an actual, factual report by the WSJ regarding any newer telco play. Message 16182443 Martin