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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: J Gunn who wrote (1695)9/4/1999 7:40:00 PM
From: Rupert  Read Replies (1) of 15615
 
And they didn't bother to mention some of the recent capacity purchase agreements, such as the $105 million purchase by Exodus (EXDS) _this_ week. Exodus is about as much as a pure Internet bandwidth user as you can get: no long distance here - this is a pure IP win:

"August 31, 1999 - Exodus Secures $105-Million International Network Capacity From Global Crossing"

news.excite.com

Sorry to go on about this but Exodus's customers demand IP bandwidth and these demands get passed on directly to the capacity suppliers like GBLX because EXDS doesn't have any fiber of its own.

Curiously this was press released by EXDS but not GBLX this week. I'd have thought they coulda used the positive PR this week ;).

PS. I own EXDS too.
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