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


To: D. K. G. who wrote (441)3/17/1999 9:05:00 AM
From: 2MAR$  Read Replies (1) | Respond to of 15615
 
Have you people seen this News: GBLX and FRONTIER (FRO), announce 11 billion dollar merger?:http://biz.yahoo.com/prnews/990317/ny_globl_c_1.html

Just roamin' the news wires... 5:00am!



To: D. K. G. who wrote (441)3/17/1999 9:11:00 AM
From: Teddy  Read Replies (1) | Respond to of 15615
 
Joseph Clayton is speaking now.... saying stuff like "wwwDotEverythingDotCom" and "New World Order"




To: D. K. G. who wrote (441)3/17/1999 9:13:00 AM
From: Larry S.  Respond to of 15615
 
Hi guys, am coming here as a FRO owner. I am selling most of my FRO on open this morning, holding some for the long term potential of this deal. In truth, i never heard of GBLX till this morning. I originally bot FRO for its value and possible take-over. GBLX seems to have good management and a visionary plan, and its acquisition of FRO with its LD, QWST connection, wireless, and local will probably help leap-frog it into the battle with the big boys. But the stock has moved from 10 to 60 since september. Additionally, WCOM, T, FON, QWST, etc are really big boys, and i will take my profits on my value investment and let a little of my aggressive growth ride with gblx. I expect this stock to trade down fairly sharply in the short run. If one really wants to own GBLX in the future, buy FRO now, you are getting $62 worth of GBLX for probably 53-56 $ this morning. and what wonderful arbitrage opportunities !!! also, wouldn't rule out a completing bid for FRO from some one else. larry