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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: jlib who wrote (12658)	2/19/1999 12:27:00 AM
From: Jose Matos	Read Replies (1) \| Respond to of 122087

To be honest, I haven't looked at GTSG for a while now (I had no position in it when I stated that it looked primed to drop hard). It appears to finally be breaking down. Just cracked 54 today (6 week low) and has weak support at $47. If that doesn't hold, $40 won't be far behind. The insider sales won't help it any either. You should do OK with the puts. Let me know when you cash out. Regards. Jose.

To: jlib who wrote (12658)	3/4/1999 9:23:00 AM
From: Mr.Manners	Read Replies (1) \| Respond to of 122087

GTSG - just in case you're still following it.. more shares issued: Wednesday March 3, 11:58 pm Eastern Time Global TeleSystems holders OK stk issuance McLEAN, Va., March 3 (Reuters) - Global TeleSystems Group Inc. said Wednesday its stockholders have approved the issuance of new shares of stock of Global TeleSystems in accordance with Global TeleSystem's offer to buy the issued and outstanding share capital of Esprit Telecom Group (Nasdaq:ESPRY - news) . Each Esprit Telecom securityholder will receive 0.1271 of a share of new common stock of GTS for each ordinary share of Esprit Telecom held by such holder, and 0.89 of a share of new common stock of GTS for each American Depositary Share of Esprit Telecom held by such holder. The offer is open for acceptance during an initial offer period that is due to expire March 4. On the close of business on March 3, valid acceptances had been received in respect of 49.94 million Esprit Telecom shares and 9.7 million Esprit Telecom ADSs, representing about 93.5 percent of Esprit Telecom ordinary shares.