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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: AurumRabosa who wrote (2002)9/20/1999 2:38:00 PM
From: gizelle otero  Read Replies (2) of 15615
 
Ron: Buddy, I sympathize with your thoughts! Wouldn't it be a damned fine world if we all had to operate on a cash basis with no debt?

Then you and I would be driving a '43 Ford to work on a 150 year old dirt road to our jobs at the buggy whip manufacturing plant for .25 an hour.

Ever heard of OPM? That's the only way to get the $$ to build a fiber network all around the world, unless you have a few spare billion lying around and would like to donate to the cause.

Look at the interest rate environment, Guy! Winnick is financing dollars with pennies.

As far as my comments on most efficient business structure, let me ask you the following question:

Would you rather drive on a toll road with a booth at either end of your 10,000 mile trip, or one with a toll booth every 100 miles, operated by 24 different companies with 1000 different rate structures for tolls?

I thought so.

Get real and go take a business financing class at night.

I respectfully submit that
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