Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Robert Sheldon who wrote (4102)	1/26/2000 8:53:00 AM
From: TechMkt	Read Replies (1) of 15615

I think GBLX did good by not buying US WEST. 6.4 % earnings increase is nothing to go crazy about. Fez __________________ U S WEST 4th Quarter Earnings Rise 6.4% on Strong New Product Growth High-Speed Data, Wireless Subscriber Levels Exceed Annual Targets, Drive Results; Industry-Leading DSL Tops 110,000 Customers; Advanced PCS Exceeds Half-Million Mark DENVER, Jan. 26 /PRNewswire/ -- U S WEST (NYSE: USW) today announced fourth quarter diluted earnings per share of $0.83 on net income of $425 million. EPS rose $0.05 or 6.4 percent. Full-year EPS grew to $3.23, up 6.3 percent or $0.19 on net income of $1.64 billion. (All the above numbers are pro forma and normalized for a change to an industry-standard "point of publication" accounting method that allows U S WEST Dex, the company's directory publishing unit, to recognize directoryrevenues and costs of sale at the time of directory publication.)

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