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

To: AJ Berger who wrote (838)	5/12/1999 7:12:00 AM
From: Craig A	Read Replies (1) \| Respond to of 15615

How about sharing with the thread irregulars and we won't tell....

To: AJ Berger who wrote (838)	5/12/1999 8:31:00 AM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 15615

AJ, Just tell us and we won't say anything, we can keep a secret. CD

To: AJ Berger who wrote (838)	5/12/1999 9:27:00 PM
From: Teddy	Read Replies (1) \| Respond to of 15615

AJ, i don't know you but , for the rest of this post, let's just pretend that you are a nice, honest person, that recently "discovered" GBLX. AJ, i am going to welcome you to this thread by asking you to take your "I have Fantastic News for Thread Regulars! But I can't tell you till after I buy more shares tomorrow... Stay Tuned! post and leave. In case you didn't notice, this thread averages less than 3 post per day. Most of those post are: re-post of news, questions and informed answers to those questions. Not only do your resent post add nothing to the thread, they actually are detrimental. This stock has done pretty well in spite of the lack of post like your "I've got a secrete i've got a secrete" BS. Anyway, just to set the record straight on one of your hype post, you wrote: If you check the short position on GBLX you will notice the month before the deal about a 1mil share short, that grew to 4mil share short the month of the deal and then doubled to an 11mil share short position now. This is clearly an arbritrage move, and the arbitragures will likely cover into October'99 when the deal closes. It is safe to assume that the registered shares that can start being sold in Sept'99 will not increase the current 44mil share float significantly, which means when those arbitrasures cover in the Fall, they will be forced to drive up the stock price significantly higher in order to get out of their positions. I discussed this with an investment banker familier with the deal, and he agreed with my conclusions. AJ Dude, the "investment banker" that you discussed this with is either a complete idiot or you are lying: the arbs own a sufficient number of shares of FRO to cover their GBLX short position. They will close their position when the deal is completed by reversing their position. This will result in millions of share trading on that day with no change in price (see various post on this thread for WCOM case study). I could go on and pick apart all the stupid things that you have posted in the short time that you have been with us but, since i am a very nice person, i will close by suggesting that, before you post again, you read the Prospectus, the 10K, other SEC filings and recent press releases. After you finish that, (and the 800+ post on this thread) if you have any questions or anything of value to add, there might be one or two people here that might be interested. have a nice day.