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


To: Ron who wrote (706)4/25/1999 10:38:00 PM
From: AgFinder  Respond to of 15615
 
Ron, short-term hit...
What entry points do you think are possible ?

Ag.



To: Ron who wrote (706)4/26/1999 6:30:00 AM
From: Teddy  Read Replies (1) | Respond to of 15615
 
I don't know if the stock will take a short-term hit. I would think it should actually go up.

It's less than a $1B purchase and they aren't using stock.

Global Crossing will finance the acquisition with committed bank financing and cash on
hand. The acquisition is expected to be immediately accretive to cash flow. The
transaction, which is , expected to be completed within 60 days is subject to certain
regulatory and other approvals.


Does anyone know if William B. Carter, Jr., former President and CEO of AT&T Submarine Systems, is the brother of the former President of the United States?