Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kha vu who wrote (68158)	10/27/1999 8:12:00 AM
From: Mr. Stress	Read Replies (2) of 120523

GBLX beats est. by SIX CENTS! Global Crossing Posts 3rd-Quarter Loss Per Share of $0.04 Hamilton, Bermuda, Oct. 27 (Bloomberg) -- Global Crossing Ltd., which recently bought U.S. long-distance phone company Frontier Corp., said it posted a better-than-expected third- quarter loss per share as it invested in acquisitions and its network. The company, which is building a worldwide fiber-optic network, said the loss per share was 4 cents when its Global Marine Systems and Frontier Corp. acquisitions were included for the full quarter. It had a profit of 2 cents a share in the same period last year. Global Crossing was expected to lose 10 cents a share, based on a survey of five analysts by First Call Corp.

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