Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Teddy who wrote (2060)	9/23/1999 10:57:00 AM
From: Douglass Smith	Read Replies (2) of 15615

Teddy, Re. last-mile end-to-end solutions they talked about the 100 miles of 96 fibers they'd recently bought in NYC, and said they would be taking this strategy in a number of cities around the world (They gave a number of cities which I do not recall. In the 20-30 range). They said they were not interested in buying Metromedia Fiber (MFNX) since it was "cheaper" to get the last mile fiber other ways. But they were always open for deals. They did not talk about the Lucent (?) product that sends information through the air with lasers. I get the feeling that's bleeding-edge. They did talk a lot about Asia Global Crossing, but nothing that I heard was new. They said that they were partnering with companies in Asia b/c it was a less stable region and they wanted to distribute the risk. Also they wanted local companies to help break into markets (Marubeni and Softbank). They said they had received approval from 49 out of 50 states for the merger as of yesterday. I believe they also received FCC approval. Not sure what else is required. They expected approval from the 50th state very soon. Doug

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