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To: maceng2 who wrote (229)	12/15/2002 1:13:28 PM
From: maceng2	Read Replies (1) \| Respond to of 1417

C&W, Thus refuse comment on £1.5 billion break-up bid report ananova.com Cable & Wireless PLC and Thus Group PLC refused to comment on press reports claiming the latter is to launch a £1.5 billion break-up bid for its troubled rival. The Observer, citing City bankers, reported that Thus's bid for C&W is backed by private equity firms. Thus is working on an outline project that would see it take over C&W's former Mercury telephone network in the UK, while the private equity groups would acquire C&W's Caribbean operations, the newspaper said. "We don't comment on speculation," said a Thus spokesman. A C&W spokesman also refused to comment on the article, adding the restructuring plan it announced last month is what the company is currently focusing on. The business shake-up will involve 3,500 job cuts at its loss-making Global division and its withdrawal from the domestic business markets in the US and mainland Europe. The move will save the company about £400 million a year but at a cost of about £800 million. The number of data centres, which store companies web sites, globally will be slashed to 23 from 42 as part of the exercise. Separately, the Sunday Telegraph reported that major shareholders of C&W are considering legal action following the shock disclosure of a potential £1.5 billion tax liability linked to the sale of its 50% stake in One2One three years ago. This was after the Association of British Insurers sent last week a letter to the Financial Services Authority asking it to investigate whether C&W infringed UK listing rules by failing to disclose the potential tax liability. ABI members own over 20% of stock in the UK-listed company. © AFX News

To: maceng2 who wrote (229)	12/18/2002 10:55:05 AM
From: Eddy Blinker	Respond to of 1417

Perfect! PB;<<A cunning statistical study has exposed scientists as sloppy reporters. When they write up their work and cite other people's papers, most do not bother to read the original.>>> Yes if you have to report about a report...how about dumb belling for a fee? Is that called " sloppy " nowadays? New ways of making the digital buck require " digital " thinking. Like my new enter page shows you when aligning the jugglers balls on the About page with the clock inspires. Drag the clock towards the jugglers balls and see what counter clock alignment looks like. Translated it means. A digital blinker of the finest quality. dow-jones.via.t-online.de Best Regards $ED