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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: MangoBoy who wrote (1281)7/2/1999 3:10:00 PM
From: jeremic  Read Replies (1) of 15615
 
Perhaps its just semantic hair-splitting, but by control I was referring to the fact that if someone wants access to the LMDS spectrum Nextlink OWNS licenses covering 95% of the top 30 markets-this virtual monopoly provides a valuable asset as broadband wireless gains momentum and is what sets NXLK apart from competitors like Teligent and Winstar-making it a more attractive buyout. I agree its a steal at the current price and wouldn't be surprised if its gobbled up by the end of the year-GBLX has its sights on the next 20+ years and I think NXLK will be a fine addition to that vision- fwiw jeremic
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