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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Bill Fischofer who wrote (11293)5/17/2001 4:17:59 PM
From: changedmyname  Read Replies (2) of 15615
 
Bill, I for one am quite surprised at how they are still keeping TSIX's equity worth a billion given the bonds trading at six cents on the dollar.

I doubt they'll have trouble getting that $300 mil funding, but then what are you left with? A niche player in the atlantic with no pacific cable (and doubtful that it will ever be built).

I listened to the call, and found it quite amusing how many times they basically said it was happening to everyone... oh what I would've given to ask them why GX didn't seem to have any trouble! Hard to believe they think they have the wool pulled over everyone's eyes. The clock is ticking for them.

I want them to stay in business though so they can keep buying capacity from AGCX <gg>

Regards,
Jason
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