Technology Stocks | Global TeleSystems Group (GTS)


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To: MangoBoy who wrote (31)5/14/1999 2:22:00 PM
From: Just4fun2   of 73
 
Anyone hear the rumors circulating about the "snag" associated with the Global Crossing, U.S. West deal? The sector is really starting to heat up merger wise...

dailynews.yahoo.com 

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To: Racso who wrote (15)6/20/1999 11:06:00 AM
From: Tavros   of 73
 
Oscar,

Is it amazing what a difference 10 months make? I now think we can conclusively settle our slight difference of opinion as to whether GTSG was a European play or an Emerging Markets play.

I find amazing that after the run this stock had, people have NOT zeroed in yet. The inactivity of this board indicates to me that people have not focused on this company yet. What is more amazing is that the GTSG story is only beginning to unfold. I am impressed with the management's vision and, most importantly, with the execution of their game plan. So, look for $100 very soon and, of course, the forthcoming stock split. For the happy GTSG holders, sit tight and enjoy the ride!!!

Regards

Tavros

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To: Tavros who wrote (36)6/21/1999 9:38:00 AM
From: Just4fun2   of 73
 
I'm still here :)

This is from briefing.com on Friday 6/18:

Global TeleSystems Group (GTSG) 87 5/8 +8 5/8: Investors following billionaire George Soros' lead into shares of European telecom company. Global TeleSystems is a play on broadband fiber services and European telecom deregulation. Since the company came public in February of 1998 at $20 per share, the stock has ascended 338%. Mr. Soros was an early investor in the issue, and through various funds owns more than 9% of the company. Today, Global TeleSystems is being dialed up by Dresdner Kleinwort Benson Securities, which started coverage of the stock with a "buy" rating and a 12-month target of $110 per share. Based on the size of the trades being crossed, it would appear that institutional buying is behind much of the move... Global TeleSystems currently serves customers in 20 European countries and operates a broadband network with points of presence in 21 cities in Europe. The company has recently been positioning itself in various European markets through acquisitions, buying Esprit Telecom Group for for $665 mln in stock and NetSource Europe ASA for an estimated $119.95 mln in cash and stock. GTSG also paid more than $420 million for a 80% stake in French telecom company Omnicom... Global TeleSystems is currently involved in a joint venture with FLAG Telecom to build and operate the world's first transoceanic dual cablesystem, providing broadband capacity between cities in Europe and North America. In late May, the company introduced ISDN services throughout the United Kingdom, making it one of the only telecommunications companies in the U.K. offering full national ISDN coverage... Stock has traded up 11% today, on volume of 6.4 mln share, or 4 times average daily turnover. Of the six analysts following GTSG, five rate the issue a "strong buy" and one a "buy." Always nice to know which stocks the institutional money is chasing. - DS

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To: DD™ who wrote ()6/21/1999 3:55:00 PM
From: Maven   of 73
 
This should wake up this thread--From Reuters

biz.yahoo.com 

The Board of Directors authorized a 2 for 1 stock split for 21 July.

Price as of closing time is over 89.

Very long on GTSG
Robert S. Sheldon

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To: Maven who wrote (38)6/28/1999 9:03:00 AM
From: Just4fun2   of 73
 
Filled the gap nicely on Friday. Should find support, then start back up as we approach the split.

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To: Just4fun2 who wrote (39)7/1/1999 11:02:00 PM
From: Nilesh Parikh   of 73
 
Anyone out there?? So, what's up (down) w/ this stock today? No news. No activity on this thread. I'm getting on board w/ this stock and started accumulating
some too. It's never too late for investing in emerging technology
companies who has vision to succeed.

-Nilesh.

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To: Nilesh Parikh who wrote (40)7/7/1999 10:07:00 AM
From: MangoBoy   of 73
 
[H. Brian Thompson Joins Board of Directors for Williams Communications]

(Precursor to a GTSG/WCG partnership? -- mark)

TULSA, Okla., July 7 /PRNewswire/ -- H. Brian Thompson, a global leader in the telecommunications industry, will be appointed as an independent director on the board of directors of Williams Communications Group, Inc., concurrent with the company's previously announced initial public offering. Williams Communications is a unit of Williams (NYSE:WMB).

Thompson is one of two outside directors appointed to the board of Williams Communications. Earlier, Roy Wilkens was appointed non-executive chairman of the board. Wilkens was the founding president of WilTel, a predecessor of Williams Communications.

"I am convinced that Williams Communications will be a key factor in shaping the evolution of telecommunications across the world. Based on its growing position in the United States, Latin America and Australia, Williams will undoubtedly lead the way in enhanced broadband networking and enterprise solutions," Thompson said.

He has been instrumental in the rise of competitive telecommunications both in the U.S. and abroad.

Thompson has been chairman and chief executive officer of Global TeleSystems Group, Inc., based in McLean, Va., since March 1999. From January to March 1999, he served as non-executive chairman of Telecom Eireann, Ireland's incumbent telephone company. He also served on the board of Comcast UK Cable Partners Limited and is a former chairman of the U.S. Competitive Telecommunications Association (CompTel).

Thompson had been vice chairman of Qwest Communications International, Inc. from June 1998 until January, following its merger with LCI International. He was chairman and chief executive officer of LCI from 1991 to June 1998. He was executive vice president of MCI Communications Corporation where he served from 1981 to 1990.

Prior to joining MCI, Thompson was a management consultant for nine years with the Washington, D.C., offices of McKinsey & Company, where he specialized in management of telecommunications and technology enterprises.

Thompson also is a member of the boards of directors of Bell Canada International, Inc. and a member of the management committee of Paging Brazil Holding Co., LLC. He is co-chairman of the Global Information Infrastructure Commission and served as chairman of the Advisory Committee for Telecommunications for Ireland's Department of Public Enterprise.

"Brian brings an incredible breadth of experience to the Williams Communications board. He's been a valued customer of our network in the past, and we look forward to his new involvement," said Keith Bailey, chairman, president and CEO of Williams.

"Having Brian Thompson on our board will add a diverse perspective to our policy-making body," said Howard Janzen, president and CEO of Williams Communications. "Brian's global insight will be invaluable as we capitalize on opportunities in today's rapidly changing business environment."

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To: DD™ who wrote ()7/13/1999 10:02:00 AM
From: Boris2000   of 73
 
gtsg: exponential growth in revenues, very high analyst consensus ratings, etc..any ideas on why this stock isn't moving upwards towards the July 21 2:1 split date ?

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To: Boris2000 who wrote (42)7/13/1999 1:37:00 PM
From: RRICH4   of 73
 
It's because of the weak Eurodollar. eom

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To: RRICH4 who wrote (43)9/6/1999 12:01:00 PM
From: golfaholic   of 73
 
anyone like this now that it is below 30. any insights or thoughts welcome. i know its a tough business with a lot of competition now, but it looks pretty good since they can cross all borders in europe with their own network. thanks in advance.

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