Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Blackmarlin who wrote (3480)	12/8/1999 9:01:00 PM
From: CF Rebel	Read Replies (1) of 15615

Tom, "That being the case... I am absolutely thrilled to have my $ in the company that owns the firm which operates 80% of the cable laying vessels in the world." Unless they've bought another fleet since buying Global Marine from C&W, your numbers are highly inflated. From the April press release announcing GBLX's purchase of the cable-laying fleet: "Global Marine is the world's largest and most advanced undersea cable installation and maintenance company with a fleet of 13 cable ships (33 percent of the world's total), 21 submersible vehicles and 1,200 employees now servicing more than 35 percent of the world's undersea cable miles." CF Rebel

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