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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: gizelle otero who wrote (2008)9/21/1999 9:00:00 AM
From: AurumRabosa  Read Replies (1) of 15615
 
gizelle, Pal, I didn't say they should be debt free. I said it's foolish to get a little cash in hand and then squander it buying back stock. They should put that cash to productive use laying a cable or something. Yes Winnick is an expert at taking other people's money and making himself filthy rich with it.

>"Look at the interest rate environment, Guy!"
So tell us, what interest rate will GBLX have to pay the next time they borrow money?

>"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."

Very insightful! Do you even know how GBLX prices their fiber sales? You certainly don't know what GBLX gets for fiber sales because that's a secret and shareholders don't deserve to know according to the officers and directors of GBLX.
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