Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Lou Weed who wrote (3686)	12/17/1999 6:26:00 PM
From: Robert Sheldon	Read Replies (2) of 15615

I have not finished my research on the GBLX Venture capital arm, but thought I'd give you all some insight to why I'm so excited: Corvis is one of the VC arm's holdings . . . Cisco weighing buyout of Corvis 12/15/99 Message 12314089 AND SOME OF MY STUFF. Corvis Customers: Qwest, Williams Communications Also: George Gilder Focus Company at Telecosm 99 forbes.com (Section: 10:30 am Packet vs. Circuit: Why Circuit Switching Will Win) Comment: Heavy Hitters, go figure the Gilder Connection (Corvis/GBLX) Corvis Clips: “Nortel's potential interest in Qtera makes sense because demand for the start-up's equipment, which is also being developed by Corvis Corp.” and: “Qwest Communications International Inc. (QWST), which operates a big fiber-optic network in the U.S., uses equipment made by Qtera and Corvis and has as an option to acquire small equity stakes in both start-ups.” interactive.wsj.com “Nortel Networks Corp. (Toronto:NT.TO - news)(NYSE:NT - news) said on Wednesday it had struck an all-stock deal worth up to $3.25 billion to acquire Florida's Qtera Corp.” biz.yahoo.com “Indeed in a research note, SG Cowen suggested the Nortel-Qtera pact could spur Cisco Systems Inc. (CSCO) to acquire closely held Corvis Corp., a Qtera rival. Cisco already owns 10% of Covis.” interactive.wsj.com

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