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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: SecularBull who wrote (5834)4/25/2000 10:34:00 AM
From: Big Bucks  Read Replies (1) of 15615
 
LOF,
Yes GBLX could be the dominant fiber company, that remains
to be seen. There is a lot of formidable competition soon
to be bringing their resources online. Global Centers looks
like the best potential cash cow, short term, but several
other companies have plans to compete in that arena also.
Like any other business, if there is too much competition
earnings/profits could suffer as price wars occur to
gain market share which tend to subdue fees. The gov't
won't allow any one company to monopolize a business
segment which can also potentially limit future growth beyond a certain size. Some of the potential competitors
are better capitalized and have huge corporations backing
them, whether they are successful or not will ultimately
determine the future of GBLX.

JMO,
BB
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