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To: Tito L. Nisperos Jr. who wrote (55471)	11/13/2001 11:39:42 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Global Crossing Posts Wide Loss, Job Cuts November 13, 2001 9:54:00 PM ET news.moneycentral.msn.com LOS ANGELES (Reuters) - High-speed communications network services company Global Crossing Ltd. (GX) on Tuesday posted a third-quarter loss five times wider than a year earlier and said it would cut another 1,200 jobs as it moves to a more tightly focused recovery plan. Global Crossing, which operates a fiber-optic network that connects 200 cities around the world, posted a third-quarter net loss of $3.4 billion, or $3.84 per share, compared with a loss of $602.4 million, or 69 cents a share a year ago. Revenue rose to $792.9 million from $778.1 million in the year-earlier period. The net loss included a $2.08 billion non-cash charge as the company wrote off the shares it had received from now-bankrupt Exodus Communication in exchange for the sale of its GlobalCenter subsidiary. The company, which rents its network to other carriers and sells services to telecommunications carriers and other businesses, said it would cut an additional 1,200 jobs in addition to a previously announced reduction of 2,000 people as part of a plan to cut $550 million in 2002 from its annual operating costs. Capital expenditures were projected to fall to near $1 billion to $1.25 billion in 2002, roughly a fourth of the $4.2 projected for this year as the company completes the construction of its core network. Chief Executive John Legere, who took his post in October as Global Crossing floated and then scrapped plans to acquire the subsidiary Asia Global Crossing, which he had headed, said the company's focus had pulled back to a more realistic business plan.

To: Tito L. Nisperos Jr. who wrote (55471)	11/14/2001 8:21:29 AM
From: michael97123	Respond to of 70976

Tito, Having some knowledge of pre-fundamentalist iran, i would expect iran to leapfrog over the saudis and kuwaitis in this task. There are strong democratic instincts there and after the inevitable separation of church and state down the road, Iran may look more and more like turkey. I wish i could be as hopeful for the Arab oil states but i believe those monarchies are inevitably doomed and may be replaced by even more repressive states that will use fundamentalism much like the Taliban did. After all the Taliban has its spiritual roots in Saudi Arabia. mike

To: Tito L. Nisperos Jr. who wrote (55471)	11/14/2001 11:26:12 AM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

OT Christians gift Muslims with mosque By MIKE BAÑOS ABS-CBN News KAUSWAGAN, Lanao del Norte (ABS-CBN) - The quest for peace in Mindanao gained ground Tuesday after a Christian group in Northern Mindanao turned over a newly-constructed mosque to Muslim residents of Lanao del Norte, where hostilities between Moro rebels and government troops broke out last year. The Christian Evangelical Churches in Northern Mindanao formally turned over to Muslim residents of Kauswagan the mosque a few weeks before the Muslim Holy Month of Ramadhan. "This should be an example, a model, that we Christians really care for our Muslim brothers and we both love peace. But we need to work together to attain it," said Rev. Alex Eduave, senior pastor of the local Metro Pentecostal Church. "This is the first time in history that Christians have built a mosque for Muslims," Kauswagan Mayor Moamar "Jackmar" Maruhom said. "It is really my great pleasure to note that godliness rests not only in our culture but in the hearts of the people." Sultan Kamlon Moner, barangay Delabayen chief, praised the soldiers and the Christian workers who helped build the mosque. Moner vowed to take the lead in maintaining the mosque, which he described as a symbol of trust and good relations between Christians and Muslims. The mosque was built with materials donated by Catholic churches while labor and security were provided by the Philippine Army's 26th Infantry Battalion of the 401st Infantry Brigade. Korean pastors "Some of [the Christians] are even Baptist pastors from Korea," said Brig. Gen. Alfonso Dagudag, chief of the Army's 4th Infantry Division, who witnessed the turnover rites. Rev. Nam Soo Lim, a pastor of the Calvary Association of the Southern Baptist Church of South Korea, was among volunteers who helped in the construction of the mosque. "We had previously extended help to evacuees in Bukidnon, but this is our first time in Delabayen," Lim said. Soldiers from the 402nd Infantry Brigade and 54th Engineering Battalion earlier joined 200 members of the local evangelical church in building 68 houses in Delabayen to replace those destroyed by last year's hostilities. The estimated cost of materials donated for the houses reached P1.5 million. The Army's reconstruction and rehabilitation efforts in the war-ravaged areas of Lanao are among the activities initiated by Maj. Gen. Roy Cimatu, now Southern Command chief. From March 16 to June 12 last year, the 4th ID fought the Moro Islamic Liberation Front, capturing 15 major camps, 49 satellite camps, a training base and control towers. abs-cbnNEWS.com