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

To: jerryriti who wrote (1054)6/2/1999 2:49:00 PM
From: LJM  Read Replies (1) | Respond to of 15615
 
If you read my previous post. I think you are right. I see no downside to tendering. The risk comes later, at the time of the merger. If everyone chooses to own one stock over the other which exceeds the CAP, making your choice meaningless, leaving you with shares in both companies, calculated on a pre-set, pro-rated basis.

FWIW

LJM



To: jerryriti who wrote (1054)6/2/1999 3:22:00 PM
From: Sawtooth  Respond to of 15615
 
jerryiti: Perhaps I should clarify. When I said <<I can hardly imagine this is good for the general shareholders>, I was not referring to the merger but, rather, to the confusion and often conflicting *information* being disseminated re: the classes of shares, tracking stock, and similar. People like it clear, simple and reliable. JMO. ...Tim


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