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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: radman33 who wrote (3926)1/11/2000 7:57:00 PM
From: Teddy   of 15615
 
hi Jay, there are lots of "models or predictions for profitability sometime down the road." Some will be more correct than others. Mine is kinda conservative (mostly because I expect considerable expantion in addition to the network build out already announced).
Also, looking out a couple of years, no one knows what this company is going to look like (AOL & Time Warner ? no one guessed that).
Anyway, I figure:
2001 is iffy: $0.10 profit would be nice, but i'll plan on a loss of $0.20
2002: $0.95 profit
2003: $2.10 profit
After that, the earnings go up real fast... i think... but who knows what is going to happen in 3 or 4 years?

Your broker should be able to provide you with a detailed guess and guidance on whether this (or any stock) is a suitable investment for you. And don't forget to read the Annual Report and recent SEC filings before investing in any company.

BTW, globalcrossing.com rocks!
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