SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: elmatador who wrote (1724)9/6/1999 12:52:00 PM
From: ahhaha  Read Replies (1) of 15615
 
The CIMI assessment was very good. It's a little late though, but everything stated was publicly available 4 months ago. The details imply the stock is going to be in the dog house for a long time. One has to be concerned that the Frontier merger is ill-advised under the implied conditions. The reason is that the merged entity will lose at a rate faster than the sum of its components, a dis-synergy if you will. Meanwhile Global continues to acquire. This is desperation.

A question was asked earlier, "Can GBLX absorb Frontier and complete SA link and Japan link and still hold off FLAG competition in the Atlantic?" I could see the FCC allowing a USWest-BLS merger before I could see Global successfully complete the above ventures. Global's strategy is completely wrong. They are scattering their focus and so the result is disparity. How can a company realize a profit with a collection of parts which are estranged from each other? Rob Peter to pay Paul? Ponzi Scheme? Whatever, it doesn't bode well.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News