MEGA CRASH bei GTS--> was nun ??? - 500 Beiträge pro Seite

[mis]

Hallo

Hab mir die Aktie bei ca. 0,09 reingelegt und ist vor einigen Wochen total abgeschmiert bis auf 0,006

Wer kennt sich mit GTS aus und kann paar Infos reinstellen ?

Danke : mis

[Big Charly]

schau mal hiewr im Board unter GTS ODER GTLS.

Leider nicht erfreulich GTS hat Vergleich angemeldet

[Pennystar]

Keine AKTUELLEN Nachrichten, so sieht`s aus.
Also ganz ruhig bleiben !!!

[mis]

Hallo

Stimmt es,das da eine Klage läuft?

@Whyso
Ich hoffe du hast Haus und Hof nicht verkauft um noch mehr GTS zu kaufen !
Du warst ja so hyperBULLISH...
and now you dissapeared ......

mis

[realhot 1]

mis,

wir unterstützen die US Klage gegen GTS.
Ich erhalte jeden Tag mind.10 e-mails, die nur an
die GTS Aktionäre verschickt werden, die sich dieser
Klage angeschlossen haben.
Ist alles sehr kompliziert aber wir dürfen keine
Texte öffentlich stellen..

[realhot 1]

habe soeben ein ok fürs Veröffentlichen erhalten...
Company For Sale


An EBITDAbreakevenpan-European broadband company with E500 million in annual revenues, 48,000broadband customers, and a fiber optic communications network that extends over 22,000 routekilometres through 68 cities in 20 countries - one that handles 25% of all Europeaninternet traffic (see below).

Price:Approximately $ 300 million (cash)



Figure (above): The Global TeleSystems Network.

Overview: Shareholders of Global TeleSystems (GTS)seek prospective new buyers for the GTS`s business units Ebone and GTS CentralEurope as the company is in the midst of court supervised `pre-pack` bankruptcyproceedings.

Prospective buyers will havethe opportunity to become a leading player in the European broadband sector byacquiring the company free of debt (previous face value of debt: approximately$1.9 billion).

Required Resources:

(1) $212million in cash to refinance GTS`s existing bank facility and provide therequired court ordered bid premium;

(2)approximately $90 million in interim financing for GTS`s operations in thepre-closing period;

(3) anassumption of approximately $230 million in GTS`s capital lease obligations,which could be significantly reduced in the next 12 to 18 months; and

(4) an issuanceof non-cash, interest-bearing convertible securities of roughly $190 million tothe soon-to-be former GTS bondholders, as compensation for multi-billion dollardebt.

Assets forsale:

GTS business unit Ebone:

· 48,000broadband customers.

· 400Million Euro in operating revenues (1.1 Euro = $1).

· Ebone`sTier-1 Internet backbone and cross-border fiber-optic network, the largest inEurope.

· OperatingCity Enterprise Networks (CEN) in Amsterdam,Berlin, Budapest, Dusseldorf, Frankfurt, Geneva, London, Paris, Prague andStockholm. CEN`s underconstruction in Madrid, Milan,Vienna and Zurich. City Enterprise Networks deliver a seamless, end-to-endconnection of guaranteed performance.

· Hostingcenters in eight European cities providing nearly 300,000 square feet ofhosting and collocation space.In the year 2000, hosting centres were opened in London, Amsterdam, Frankfurtand Paris. Each centre is directly connected to Ebone`s market leading trans-EuropeanInternet backbone via two redundant fibre connections at 2.5 gigabits persecond (Gbps) with the ability to increase to 10 Gbps over time.

GTS business unit GTSCentral Europe:

· GTSCentral Europe is a leading independent provider of broadband, Internet, data,voice and related value-added services to businesses, other high usagecustomers and carriers throughout Central Europe. The company offers aportfolio of bundled communication services to small-to-medium sizedenterprises (SMEs), multinational and national companies and residentialInternet protocol (IP) services. Through the GTS network, the company offersmanaged bandwidth and IP transit to carriers.

· 100Million Euro in operating revenue.

SpecialFeatures:

Due to the existingbankruptcy filing, the prospective buyer has the opportunity to acquire thecompany free of debt, except for the refinancing or renegotiation of the BankFacility noted above. The Bank Facility and the interim financing willconstitute the major cash financial burden on the buyer.

The buyer might reduce thesecosts by asking the bankruptcy court to void the executive bonus plan to GTSexecutives Amman, Schriesheim and Raclin.

Bridge financing fees toOaktree Capital Management for the interim financing can also be removed fromthe above mentioned required resources (item 4), if the prospective buyer isable to arrange its own financing, or pay expenses out of cash flow. This wouldlead to a 20% reduction in the amount of non-cash, interest-bearingconvertible securities to be issued.

A substantial portion of the costs associated with theassumption of capital leases can be eliminated with 12-18 months.

Summary: A potential buyer of GTS has thepossibility of realizing 500 Million Euro ($455 million) in annual operating incomeand acquiring a pan-European broadband fiber optic network for $300 million(cash). The potential buyer also has the possibility of realizing novelsynergies that come in combining their existing operations with this leadingEuropean broadband company. Finally, acquisition of Global TeleSystems by athird party would prevent KPNQwest from becoming the dominant European carrierfor the forseeable future.

[Pferdegehnge]

kann das mal jemand übersetzen ?

[Pferdegehnge]

kann nu jemand ?

[Pferdegehnge]

wenn das nicht in 2 minuten einer übersetzt, dann werde ich aber bächtig möse !!!!!!!!!!!!!

[realhot 1]

Hier der Translater link:

http://translator.abacho.de/

[whyso]

Hallo Mis,

Fröhes Neues ...Down but not out...& have not vanished !

Ich lag einfach daneben mit meiner Prognose .(Das hört mann hier seldon hier )aber ist leider so in mein fall .Ich habe alle shares noch & bin auch in die Klage in die USA dabei.

Ich denke heut noch ,ein super Firma mit ein tolles Produkt aber leider Gottes ein Korrupter Management ...

@pferdehenge bis 7 Jan muß ein besseres Angebot als das von KPN auf den Tisch liegen ...dann kriegen die Aktionare Wert für die gehaltene Shares ...kürz & bundig !

@Realhot "Happy new one "...keep your chin up (then you never know who is at your fly )

Alles gute für 2002,
Whyso

[mis]

December 19, 2001

KPNQwest`s Acquisition Of GTS Hits Possible Snag
By TOBY STERLING

Of DOW JONES NEWSWIRES

AMSTERDAM -- Dutch data services company KPNQwest NV (KQIP) is facing an unexpected - though probably minor - hitch in its plans to purchase peer Global TeleSystems Inc. (GTLS), which is currently undergoing bankruptcy proceedings in the U.S.

Apparently in response to protests from a group of GTS shareholders, the Delaware district bankruptcy court handling GTS` Chapter 11 proceedings has ruled that GTS must remain open to credible bids higher than KPNQwest`s until Jan. 7. KPN Qwest is offering EUR645 million in convertible bonds and assumed debt for GTS.

Analysts said a competing bid is possible. Though market observers are unsure about the potential of GTS` main assets - fiber optic networks and Web hosting centers - KPNQwest`s bid for GTS and Cable & Wireless PLC`s (CWP) bid for U.S.-based Web hosting company Exodus Communications PLC (EXDSQ) suggest there is some buying interest, and alternative telecom share prices have rallied along with other technology shares since late September.

"Cable & Wireless is a good option, maybe the only realistic option," said Saeed Baradar, an analyst at Bear Stearns, but added he doubted a competing bid will emerge. "There may be other operators interested, but there are very few operators that can get the synergy out of GTS that KPNQwest can."

A Cable & Wireless spokesman said he couldn`t comment on whether his company would be interested in GTS.

As part of the court`s decision, GTS has disclosed the names of all parties who have contacted GTS and indicated interest in its assets recently, and they were sent notification that GTS is potentially still for sale. Any other interested party can also apply to receive due diligence information about GTS.

Operators notified include, among others: Cable & Wireless, Global Crossing Ltd. (GX), Colt Telecom Group PLC (COLT), Energis PLC (ENGSY), Deutsche Telekom AG (DT) and France Telecom (FTE).

Baradar of Bear Stearns said that, while some of the European former state telecoms with "pan-European ambitions" might be interested in GTS` fiber optic networks, they couldn`t get the same benefits from owning GTS that KPNQwest can and wouldn`t want to increase debt by even the marginal amount needed to buy GTS. Meanwhile, KPNQwest competitors such as Colt and Energis simply don`t have the money to spend on acquisitions, he said.

GTS shareholder David Kaplan, one of the leaders of a group of 60 shareholders attempting to market GTS to other buyers, said that he had been contacted by two European companies and one U.S. company interested in GTS.

"One of them was a European telco that could pay for KPNQwest with pocket change," Kaplan said, adding that he and other shareholders are referring interested parties to GTS` lawyers.

KPNQwest spokesman Piers Schreiber said the court`s decision wasn`t a setback, and that the company expects the deal will proceed as planned.

The court has approved a EUR23 million termination fee in the event that a higher bidder does emerge, and KPNQwest would be allowed to raise its bid, but Schreiber said he didn`t expect that will happen.

Bear Stearns` Baradar said he believed KPNQwest won`t need to raise its bid.

GTS spokesman Glenn Manoff said he didn`t have anything to add to comments GTS has already made.

When the KPNQwest deal was agreed, GTS Chief Executive Robert Amman said it "represents a fair value for the operations and assets of GTS and presents the best opportunity to create as much value as possible for our bondholders."

-By Toby Sterling;, Dow Jones Newswires; 31-20-626-0770; [e-mail]

[whyso]

@mis ,

diese info war mir bekannt aber trotdem gut recechiert ...ob das alles hilft hängt nur in die Luft aber heute is D-Day!

Gruß,
whyso

[mis]

@ WHYSO

What do you think will happen today ?

What is the best scenario and the worst ?

good luck

mis

[whyso]

Mis ,

Best they put the cat among the pigeons and GTS makes a better offer to include the shareholders in the cutting of the cake ....

worst they get no offers and it stays as it is until KPN pick up the tab real cheap !

we will see,
Whyso

[mis]

Hier habe ich posting vom yahoo board kopiert...

*************************************************

hey guys, before u get too
by: iqhe 12/28/01 05:19 pm
Msg: 313186 of 323458

excited, let me tell u the story of what happend at another company where they needed lenders to give them waivers: well, the banks kept giving them one month waivers for three months or so, then it became 2 week waivers, finally down to one week. the company kept saying they working on deal with bondholders, blah, blah blah. in the end company allowed itself to be taken over by rival for peanuts and left stockholders with nothing.
check out gts and u will see the whole story.



Posted as a reply to: Msg 313169 by docproc1_2000

________________________________________________________

Have another glass of Champagne?
by: cph_dk_99 12/31/01 07:36 am
Msg: 315414 of 323456

I am the holder of GX shares (23.400 in total)
During 2001 I have lost nearly 24.000 USD on different US telecom. Thats the risk. None to blame except my self.!

As my average is 0.81 for GX I will stand.

I have been reading this board with great surprise for the last 48 hours.

It is time to be realistic.

Go to : www.icgcom.com and read the proposal for a new reorganized ICG. No money for the old shareholdes. Go to GTS. Read the same.
Go to RSL. Read the same.

The waiver was also issued in these 3 companies. - only the bank arrangement and bondholdes survived.

My guess for todays trading pattern:

The daytraders including posters on this board will bring GX in the range of 0.70 and 0.95 ending at 0.75 to night. No institutions will buy.

HAPPY NEW YEAR to all of you.


...............

[mis]

Hallo

Wer weiß,was gestern passiert ist ?
Hab selber nichts gefunden

thx: mis

[mis]

GTS Disclosure Statement Approved; Company to Initiate Voting Process
1/10/02




> Business Editors/Hi-Tech Writers

LONDON--(BUSINESS WIRE)--Jan. 10, 2002--Global TeleSystems, Inc. ("GTS" or the "Company") announced today that the United States Bankruptcy Court in Wilmington, Delaware approved its amended Disclosure Statement, which sets forth the terms of its, and its Global TeleSystems Europe BV ("GTS Europe") subsidiary`s, proposed restructuring and sale to KPNQwest ("KPNQwest") (NASDAQ: KQIP). The Company plans to distribute the United States Plan and associated ballots to the parties entitled to vote on the Plan within the next week. Ballots are to be returned to the Company by 13 February 2002, and a hearing to confirm the Plan will be held on 20 February 2002. The record date for voting on the Plan is 9 January 2002.
Pursuant to an Order by the Dutch Bankruptcy Court reviewing the filing there of the related restructuring Plan by GTS Europe, a meeting amongst the parties authorised to vote on that Plan will be held in Amsterdam on 25 February 2002 to solicit and accept those votes; and a hearing before the Dutch court to confirm the Dutch Plan will be held as soon as possible thereafter. The record date for voting on the Dutch Plan is also 9 January 2002.
Pursuant to an earlier order by the Delaware Court, the Company was required to accept and review acquisition offers from parties other than KPNQwest that met specified criteria and that were submitted to the Company by 7 January 2002. While the Company discussed the terms of proposed offers from numerous parties, no competing offer was received that met these criteria.

About GTS (www.gts.com)

GTS is the parent company of Ebone, the original and most experienced broadband optical and IP networking company in Europe, and GTS Central Europe, one of the leading providers of voice and data services across the region. Ebone`s fibre optic network extends more than 25,000 kilometres to nearly every major European city. Ebone also operates one of Europe`s leading IP networks. With operations in North America and in 50 European cities, Ebone delivers tailored networking services to telecommunication carriers, service providers and large European enterprises with intensive data requirements. GTS Central Europe has operations in the Czech Republic, Slovakia, Poland, Hungary and Romania. On 19 October 2001, GTS announced that it had signed a definitive share purchase agreement under which KPNQwest ("KPNQwest") (NASDAQ and ASE: KQIP) has agreed to acquire, under the terms and conditions in the agreement and subject to normal regulatory approvals, the business of Ebone and GTS Central Europe. For further information, please visit us at www.gts.com or www.ebone.com.

This press release may include forward-looking statements that involve risk and uncertainty. Although the company believes its expectations reflected in such forward-looking statements are based on reasonable assumptions, no assurance can be given that such projections will be fulfilled. Any such forward-looking statement must be considered along with knowledge that actual events or results may vary materially from such predictions due to, among other things, political, economic or legal changes in the markets in which GTS does business, competitive developments or risks inherent in the company`s business plan. Readers are referred to the documents filed by GTS with the U.S. Securities and Exchange Commission, specifically the most recent reports filed under the Securities Exchange Act of 1934 and registration statements filed pursuant to the Securities Act of 1933, which identify important risk factors.





CONTACT: GTS
Investors
Steve Bond, Investor Relations, [phone]
Fax: [phone]
Email: [e-mail]
or
Houlihan Lokey Howard & Zukin
(Investment Banking advisors)
David Hilty, 212/497-4100
Email: [e-mail]
or
Tanja Aalto, 212/497-4100
Email: [e-mail]
or
GTS
Media
Glenn Manoff, Vice President, Corporate Communications
[phone]
Fax: [phone]
Email: [e-mail]
or
Olivia Harris, Press Officer, [phone]
Fax: [phone]
Email: [e-mail]



© 2000 StockHouse.com | Disclaimer

[mis]

Hallo

So wie ich es verstanden habe,gab es kein besseres Angebot,
als die von KPN ...oder sehe ich es Falsch ???


mis

[whyso]

@Mis ,

Good work all along the line from you !

No better offer was made and now the rats are deserting the sinking ship (but who could blame them ) still I won`t sell these shares 49,200 stk for a couple of €uro thingies ...(now its only half of my input in DM-so it doesn`t hurt so much-LOL )

They sold us out BUT someone is still buying these shares at the market and the question remains ,who & why ?

Grüß,
Whyso

[mis]

@ Whyso

What`s up there (otcbb)

A SUCKERRALLEY ???

Do you see any chance for us ?


good luck

mis

[mis]

-- Plans by the Dutch-based telecommunications service KPNQwest NV (AMS:KQIP), which is jointly owned by KPN Telecom BV (AMS:KPN) and Qwest (NYSE:Q), to gain control of U.S. based rival Global TeleSystems Inc. (BB:GTLS), another telecommunications provider. (notified December 3/deadline January 16)

*******************************************************+

GTS Disclosure Statement Approved; Company to Initiate Voting Process
10 Jan 2002, 02:31am ET
E-mail or Print this story
- - - - -
LONDON--(BUSINESS WIRE)--Jan. 10, 2002--Global TeleSystems, Inc. ("GTS" or the "Company") announced today that the United States Bankruptcy Court in Wilmington, Delaware approved its amended Disclosure Statement, which sets forth the terms of its, and its Global TeleSystems Europe BV ("GTS Europe") subsidiary`s, proposed restructuring and sale to KPNQwest ("KPNQwest") (NASDAQ:KQIP). The Company plans to distribute the United States Plan and associated ballots to the parties entitled to vote on the Plan within the next week. Ballots are to be returned to the Company by 13 February 2002, and a hearing to confirm the Plan will be held on 20 February 2002. The record date for voting on the Plan is 9 January 2002.
Pursuant to an Order by the Dutch Bankruptcy Court reviewing the filing there of the related restructuring Plan by GTS Europe, a meeting amongst the parties authorised to vote on that Plan will be held in Amsterdam on 25 February 2002 to solicit and accept those votes; and a hearing before the Dutch court to confirm the Dutch Plan will be held as soon as possible thereafter. The record date for voting on the Dutch Plan is also 9 January 2002.

Pursuant to an earlier order by the Delaware Court, the Company was required to accept and review acquisition offers from parties other than KPNQwest that met specified criteria and that were submitted to the Company by 7 January 2002. While the Company discussed the terms of proposed offers from numerous parties, no competing offer was received that met these criteria.

About GTS (www.gts.com)

GTS is the parent company of Ebone, the original and most experienced broadband optical and IP networking company in Europe, and GTS Central Europe, one of the leading providers of voice and data services across the region. Ebone`s fibre optic network extends more than 25,000 kilometres to nearly every major European city. Ebone also operates one of Europe`s leading IP networks. With operations in North America and in 50 European cities, Ebone delivers tailored networking services to telecommunication carriers, service providers and large European enterprises with intensive data requirements. GTS Central Europe has operations in the Czech Republic, Slovakia, Poland, Hungary and Romania. On 19 October 2001, GTS announced that it had signed a definitive share purchase agreement under which KPNQwest ("KPNQwest") (NASDAQ and ASE: KQIP) has agreed to acquire, under the terms and conditions in the agreement and subject to normal regulatory approvals, the business of Ebone and GTS Central Europe. For further information, please visit us at www.gts.com or www.ebone.com.

This press release may include forward-looking statements that involve risk and uncertainty. Although the company believes its expectations reflected in such forward-looking statements are based on reasonable assumptions, no assurance can be given that such projections will be fulfilled. Any such forward-looking statement must be considered along with knowledge that actual events or results may vary materially from such predictions due to, among other things, political, economic or legal changes in the markets in which GTS does business, competitive developments or risks inherent in the company`s business plan. Readers are referred to the documents filed by GTS with the U.S. Securities and Exchange Commission, specifically the most recent reports filed under the Securities Exchange Act of 1934 and registration statements filed pursuant to the Securities Act of 1933, which identify important risk factors.

CONTACT: GTS

Investors

Steve Bond, Investor Relations, [phone]

Fax: [phone]

Email: [e-mail]

or

Houlihan Lokey Howard & Zukin

(Investment Banking advisors)

David Hilty, 212/497-4100

Email: [e-mail]

or

Tanja Aalto, 212/497-4100

Email: [e-mail]

or

GTS

Media

Glenn Manoff, Vice President, Corporate Communications

[phone]

Fax: [phone]

Email: [e-mail]

or

Olivia Harris, Press Officer, [phone]

Fax: [phone]

Email: [e-mail]

KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE

INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET TELECOMMUNICATIONS MERGERS/ACQ

SOURCE: GTS Today`s News On The Net - Business Wire`s full file on the Internet

with Hyperlinks to your home page.

URL: http://www.businesswire.com Copyright 2002, Business Wire


********************************************************

[whyso]

Hi Mis ,

Somebody is still buying the shares ,the question is why ?
The volume is thin and that explains the % gains but who buys a cat in a bag ?

Germany is far away from the smoking guns at GTS and KNP but they aren`t totally gone yet ....for me I hold to the bitter end (or start) ,at this stage its a matter of principle and not only money .

Hang this type of manager-management high is all I can say !

Good trading,
wünscht
Whyso

[pennylover]

Hallo whyso,
ich bleib auch drin bis zum Ende oder bis ich traumhafte Gewinne realisiere.
Bei mir nicht aus Prinzip sondern weil mir das den Einsatz wert ist.
Alles (das kann sehr viel sein) oder nichts !!!
It`s a game !

Gruß Robert

[toca]

Ihr Träumer,

macht was Ihr wollt. Das Geld ist weg und bleibt weg. Ich hätte das zwar auch gerne anders gehabt aber so ist es nun einmal.

Tony