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To: Sector Investor who wrote (29310)	1/4/1998 4:31:00 PM
From: JR2	Read Replies (1) \| Respond to of 61433

S.I. THNX I am aware of insider buying, when the stock was 23-24.5 in DEC. 2ND TIER insider buying to be more exact. I WILL HAVE MORE for u on the class action suits in a day or two. I have a perfect source. By the way Cisco might be buying a few networkers by Q2 ... Any thoughts?

To: Sector Investor who wrote (29310)	1/4/1998 7:58:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

Japan Telecom denies report of Global One tie-up Reuters Story - January 04, 1998 19:40 %JP %TEL %DE %FR %US 9434.T DTEG.F FTE.PA FON V%REUTER P%RTR TOKYO, Jan 5 (Reuters) - Japan Telecom Co Ltd on Monday denied a newspaper report which said it had decided on a broad tie-up with Global One, an alliance of major telecom carriers Deutsche Telekom AG , France Telecom and Sprint Corp of the United States. Japanese mass-circulation daily Yomiuri Shimbun said in its Monday edition that Japan Telecom and Global One were discussing setting up an equally owned telecom joint venture in Japan. "We have not decided anything of that sort," said a Japan Telecom spokesman. But he added: "We have a number of possible partners in the international arena, and Global One is one of them." Japan Telecom was created through a merger in October last year of Japan Telecom Co Ltd, Japan's third-biggest long-distance carrier, and overseas carrier International Telecom Japan Inc (ITJ).