Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: TechMkt who wrote (2499)	10/10/1999 12:24:00 PM
From: nohalo	Read Replies (1) of 15615

""Wall Street analysts expect Global Crossing to have 2000 revenues of four billion dollars and an EBITDA, earnings before interest tax and depreciation, of one billion. ``We are already cash positive on an EBITDA level. We are geared for growth and we pay less attention to earnings per share or dividend. We want to re-invest our cash,' Porter said."" This is excellent news, and a great strategy. GBLX is totally focused on growth in the future economy. This makes it a tremendous takeover candidate, and I don't think the rumors will abate soon. If it pulls back, it will be a gift to those of us who wish to buy more. Regards, DA.

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