Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: jopawa who wrote (11243)	5/16/2001 11:24:49 AM
From: jopawa	Read Replies (1) of 15615

Tech Movers Global Crossing Up on Rival's Delay By TSC Staff 5/16/01 11:07 AM ET URL: thestreet.com Global Crossing (GX:Nasdaq) was up 9.2% after rival 360networks (TSIX:Nasdaq) announced it was delaying construction of its trans-Pacific and Asia fiber-optic networks. Goldman Sachs commenting this morning that it doesn't expect 360 Pacific to be completed, opening the window for higher revenues among competitors Global Crossing and TyCom (TCM:NYSE). TyCom was up 0.5%.

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