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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Dan B. who wrote (2997)10/31/1999 2:48:00 AM
From: Robert Sheldon  Read Replies (1) of 15615
 
Some synergies I missed . . .

From the Salomon Smith Barney ~ October 28, 1999 note:

Furthermore, its agreement with Telergy in New York will also bring GBLX to close to every major business customer in New York when the Telergy network is completed in 2000, and having the utility's rights of ways will allow GBLX to build into buildings very quickly in New York. As a result of this expansive network, GBLX will be able to put more traffic on its own network and thus, proforma for FRO expects to see margin expansion.
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