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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: AurumRabosa who wrote (2310)10/4/1999 8:47:00 PM
From: K.J.Y.  Read Replies (2) of 15615
 
Hello,

I'm new to this thread and am just picking it up. Global Crossing sounds like a great company, but then again, so did Iridium about a year and a half ago. Can someone, or a few people, please tell me what Global Crossing has that other companies do not, and tell me why they think Global Crossing will not be outdone by a competing technology before they get their products fully out to market. Are they in the "planning" stage, or are they now an operating company?

Also, could someone please detail where they have operating, or near operating physical cables laid? Why have the other larger telcos ignored such a lucrative market and allowed a start-up to get a headstart like this?

Please give me fair and accurate responses. I was on the Iridium thread ago and there seemed no way for 66 satelites to go bankrupt, and yet it did. To me, underground cables are nothing different.

Thank you, please excuse the ignorance on this subject.

Kevin
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