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

To: D. Newberry who wrote (261)	3/4/1999 10:47:00 PM
From: Clean	Read Replies (1) \| Respond to of 15615

nice is an understatement....boy, wish I had bought more early on. any reason for the move or just presplit run-up? Regards.

To: D. Newberry who wrote (261)	3/5/1999 8:25:00 AM
From: Teddy	Read Replies (1) \| Respond to of 15615

silly rumor: IXC Communications May Be Sold Within Weeks, Business Week Says Bloomberg News March 4, 1999, 7:46 p.m. PT Austin, Texas, March 4 (Bloomberg) -- IXC Communications Corp., which provides phone services to small- and medium-sized businesses, may be sold within weeks for about $41.9 billion, Business Week reported in its ''Up Front'' column, citing an unidentified person close to the company. Britain's Cable & Wireless Plc, Internet service provider PSINet Inc. and Global Crossing Ltd., which builds undersea fiber-optic networks, are considered the most likely buyers. The offer price would equal about $53 a share, lower than today's closing of 54, the magazine said. IXC said last month that it was considering selling the company as one way of boosting its stock price. (BW 3/15 6 www.businessweek.com) --Courtney Schlisserman in the New York newsroom (212) 318-2300 --------------------------------------------- NOTE: yahoo shows IIXC's market cap as $1.95B, so the price above is totally wrong. I don't think Global Crossing is going to buy this company.