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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Ron who wrote (2382)10/6/1999 11:01:00 PM
From: D. Newberry   of 15615
 
I have noticed that the talk on this thread has centered more and more on a buyout of GBLX. I think that will happen eventually as the industry consolidates. However, I really question if it will happen in the near term. Keep in mind that most of the shares are locked up by insiders. I suspect they will continue to develop their business model, and as the business evolves the value of their franchise will become obvious. Nobody else is building an international IP network with the scope these folks have. As this nonsense about a bandwidth glut abates, I believe GBLX will be recognized for the unique franchise they are currently building.

At any rate, this is one of the most exciting opportunities I have seen recently. Time will tell.

Regards,

DN
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