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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who wrote ()9/2/1999 6:12:00 PM
From: mts362   of 15615
 
Did we pull the trigger today? I think I'm going to double up AGAIN on my options tomorrow. This is getting a little unsettling. I guess if we liked it at 50...40...30...25....we should be loving (and buying) it at 22.5, right.

With some quick calculations it looks like GBLX/FRO will have at least $3Bil in revenue for the year with a current market cap of ~17Bil. A P/S ratio of <6 looks pretty good considering their growth.

Looks like GBLX/FRO will earn about $0.14/share for '99 pro forma. (if my calculations are correct)
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