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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who wrote ()11/30/1999 8:20:00 AM
From: EPS   of 15615
 
Hi there: long since the 20's..
==========================

That's been just one factor in Microsoft's plans as it
increasingly looks to help speed deployments of
high-speed Net access in Asia, analysts say.

Reports from Japan say the company is negotiating to buy
a majority share in a Japanese cable TV company. Late
last week, the company also confirmed that it had
completed joint venture plans with undersea fiber optic
cable company Global Crossing and Japan's Softbank Ventures to build a seven-country
high-speed regional data network.

Microsoft executives could not be reached for comment.

"This is a good fit," Giga Information Group senior industry analyst Brownlee Thomas said
of the Global Crossing venture. "You've got someone with lots of bandwidth, and Microsoft,
which likes to build applications that use as much bandwidth as possible."

yahoo.cnet.com
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