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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: jopawa who wrote (10060)2/28/2001 3:00:35 AM
From: RobertSheldon   of 15615
 
While the article brings up good points about the definition of "fully funded", I do not believe that holders of GX need to be too concerned about it. Most of what GX management is calling "fully funded" is either cash in the bank, or cash due from the ILEC sale. GX also points out that they have ample liquidity in the form of public securities (we began chatting about this last summer well before management fessed up) that could be sold if needed. I hope that they would not do this. Anyway, there is a lot to nervious about out there in telecom land, but once again GX holds up to the test.
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