Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: gizelle otero who wrote (2714)	10/17/1999 3:15:00 AM
From: SKIP PAUL	Read Replies (1) of 15615

Regarding your reasons for Buying GBLX could you please clarify? Microsoft and Softbank backing. These two giants (in market cap alone) will ensure success for Global Crossing. If you look at the structuring of their arrangement, you realize they are forced to pony up more and more money as the market cap of Global grows. Why is that? Visionary leadership. Look at who is at the top of the Global pyramid. Gary Winnick used to work for Milken didn't he? Why do you think he is good and trust worthy? Lowest cost structure, most efficient business model, and technology only makes it cheaper. Global Crossing, when the network is complete, will have the lowest cost structure in the industry. What is your basis for saying that? Cause you want to have $1,000,000! This company will make at least $1.00 in earnings next year and $3.00 in 2001. How do you come up with these estimates?

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