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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Howard C. who wrote (2787)10/21/1999 3:07:00 PM
From: Robert Sheldon  Read Replies (1) of 15615
 
*I guess being portrayed as having to issue "junk bond" to pay off an acquisition is not conducive to investor confidence. Kind of puts the company in a different category, in some investors' minds I suppose.*

Why? The very fact that they can easily raise $$$ in this environment is an incredible compliment to the company. Do you know just how hard it is to raise $$$ right now?
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