SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Fischofer who wrote (11799)6/15/2001 4:14:57 PM
From: gruetz  Read Replies (1) of 15615
 
CONFUSION: I believe there is too much confusion regarding the issue of being fully funded. DBAB reported a couple days ago that GX's capex for 2002-2003 would be $5 bln, down from previous estimates of $7 bln. OTOH, Casey said at shareholders' meeting that they had given no capex guidance. If so, where would DBAB have come up with their numbers? How much of any capex amount for 2002-2003 is variable and how much is absolutely necessary? How serious is the trend away from IRU sales? If serious, how is GX going to fund any capex in 2002-2003. Positive operating cash flow in amounts equal to capex are completely dependent on IRU sales.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News