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

To: Teddy who wrote (186)	1/28/1999 8:36:00 PM
From: Mazman	Read Replies (1) \| Respond to of 15615

Teddy, Great find. That both delays and dilutes the impact of the end of lockup. Glad to see the deal with Lucent. Everything I keep seeing about PC and Internet usage tripling in Europe (by 2002) convinces me that the demand for transatlantic bandwidth is going to surge tremendously. AC-1 and AC-2 are sure winners. regards, mazman

To: Teddy who wrote (186)	2/2/1999 7:58:00 PM
From: Robert S.	Read Replies (1) \| Respond to of 15615

Teddy, in regard to the locked up stockshares, I believe that when these restricted shares become unrestricted, it will ultimately prove beneficial to GBLX's stock price. Management has invested a lot of time, effort, and capital to ensure GBLX's success and I am sure they are cognizant of the effect the "unlocking" of their shares may have upon the stock valuation. Additionally, it appears they can only gradually sell their shares, which allows the market to absorb them without detrimental effect. Finally, the increased float allows institutions to initiate and/or increase their holdings without sharply increasing the share price over a short-term time frame. AND the larger float improves liquidity, which provides comfort to, and thereby facilitates, institutional involvement with GBLX stockshares.