Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Ken Reidy who wrote (11801)	6/15/2001 4:22:42 PM
From: jopawa	Read Replies (4) of 15615

I just can't figure out this company. JDSU had a terrible warning last night and the stock was down 20% earlier today. Then it rallies strongly and finishes down less than 10%. Then we have GX...unbelievably down 17.52% for the day. Go figure. jdsu has no debt, gx is struggling to offset lowered bandwidth sales with increased commercial revs, unfortunately it seems that the mkt believes they are not moving to offset each other in the manner GX wants, nobody will deny that commercial revs are the future, unfortunately bandwidth sales are their bread and butter until they can ramp the commercial biz, one appears to be deteriorating at a rate not consistent with the advancement of the other

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