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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Madharry who wrote (1915)9/16/1999 10:37:00 PM
From: mthomas  Read Replies (2) of 15615
 
>It does not sound like what they are putting is currently worth $3Billion dollars. It sounds like a good deal to me. The create a new entity which finances itself based on the income streams of its anchor tenants/minority owners, it gets very strong loyal customers, it completes its global network, and increases shareholders value <<<

With the local pull of SoftBank, the roadblocks put up by ATT and MCI for connecting into Japan will certainly be removed. We all know the DOJ is investigating ATT and MCI for collusion in blocking participation by others (complaint was filed by GBLX, actually) in connecting into Japan. To me, *this* was why I wanted back into the equity. GBLX is now going to go forward with the political B.S. of ATT being countered by a local Japanese power-holder. Just my opinion. Now back to my project. Martin
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