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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: SecularBull who wrote (8775)10/31/2000 2:43:45 AM
From: neverenough  Read Replies (1) of 15615
 
Denenberg compares the fiber shortage to the recent spike in gasoline prices caused by a lag in investments in domestic oil refineries. "It's an extraordinary time. Demand goes up, and they're not able to keep up."

Supply and Demand!!! Demand is huge, prices will follow, with that comes higher revenue and earnings.

GLW at 71 is a steal, even with a PE of 97...
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