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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Robert Sheldon who wrote (2995)10/31/1999 8:23:00 AM
From: PDL  Read Replies (1) of 15615
 
Robert:

I agree completely with your post and sentiments regarding Milken and Winnick. I laughed when I saw the post (somewhere on the thread) raising concern if we had the right people watching over the "financing" of GBLX (with concern over the use of "Junk Bond Debt")... if there was one thing I was sure of it was that we had the very savviest (sp?) minds in world from the financing perspective. Someday people will look back at all the good Michael Milken did in his career at DBL and wonder "what was all that fuss about?" People refer to the 1980's as the "Decade of Greed" -- in Milken's case, he was the victim of "envy".

GBLX appears to be on its way to securing a big spot among the elite telecoms on the globe -- and that's an amazing conclusion for a 2-year old company.

Good investing!

-- Pete
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