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

To: lazarre who wrote (27819)	4/7/1999 10:55:00 PM
From: jlib	Read Replies (3) \| Respond to of 122087

<GTSG> I am wondering exactly what this news means such that it would cause a sudden 10% increase in share price. Can someone please decipher the terminology, such as depositary, cumulative convertible, and liquidation preference?   Thanks! biz.yahoo.com MCLEAN, Va., April 6 (Reuters) - Global TeleSystems Group Inc. said Tuesday it plans to offer up to US$300 million in depositary shares, each representing 1/100 of a new series of cumulative convertible preferred stock. The company said in a statement each depositary share will have a liquidation preference of $50 per share. Proceeds from the offering would be used for general corporate purposes, including business development. The depositary shares will be sold pursuant to exemptions from registration, will not be registered under the Securities Act. Global TeleSystems Group is an independent owner and operator of telecommunications companies throughout Europe.

To: lazarre who wrote (27819)	4/8/1999 6:16:00 PM
From: Mr.Manners	Read Replies (1) \| Respond to of 122087

I'm so glad to see that your provincial attempt at speech therapy is making progress; however by the unfinished sentence, the garbled structure, and the psychopathological leaning towards an unbidden emphasis on your ego, more therapy is definitely in order. Best of luck at your next Chuckleheads' Anonymous meeting. And the only thing that woulda come flying out my nether regions would have been a facsimile of you. But then it probably would have been so in love with itself it woulda believed it was perfume.. or at least its opinion resembled that state of arrogantly disguised decay. Don't post to me any more.