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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: jopawa who wrote (9929)2/17/2001 3:57:00 PM
From: rhkohnen  Read Replies (1) of 15615
 
"Some time in the second half of 2002 we (will) actually become free cash flow positive," says Cohrs. "We become net generators of cash ..."

This is nice to hear.<GG> My own feeling that this will be sooner, based on how GX earnings keep improving. If you think about it, to build a company this size and be cash positive in less than 5 years is pretty impressive. The stock price will probably stay down until the market improves, but then GX should make up the lost time of dead money, IMHO.

Best Regards
Bob
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