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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: charger who wrote (11161)5/12/2001 12:07:44 AM
From: TechMkt  Read Replies (1) of 15615
 
charg,
GX has stated that they will go cash flow positive in the second half of 2002. Casey mentioned on the CC the other day that although the network gets completed next month, they will continue to pay for it throught the end of 2001 and part of 2002. That is to be expected. The good news is that unlike other companies, GX will have completed it's network and will have a revenue source with which to pay down debt.

Fez
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