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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: J Gunn who wrote (4238)2/11/2000 7:37:00 PM
From: Teddy  Read Replies (2) of 15615
 
hi Dan, Steve, Robert and others:

Lots of good comments from you all and i hope to address them in more detail of the week end. For now:

For now:
It is true that Global Crossing Ltd. files with the SEC the same as United States companies do and all their reports conform to United States Generally Accepted Accounting Principals (GAP) just like all regular United States Companies.

There are tax breaks for being in Bermuda that still apply to international traffic.

I don't know how to account for Sales on networks that came on line compared to the "world wide network offer." (aka: revenue this quarter vs. back log)

The whole thing about proforma Global Marine, Frontier, Racal.... makes it way hard to compare anything. (i will comment on that later)

net/net
I have to say that, like CMGI, looking at one quarter of GBLX results is not a good way to judge the whole company.

Anyway, see the PR today about the new VP of Investor Relations?
Is there anyone that thinks that Jenny Chowderface should not be fired?

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