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: jopawa who wrote (11803)6/15/2001 4:34:39 PM
From: Bill Fischofer  Read Replies (4) of 15615
 
Re: GX is struggling

That, in a nutshell sums up the perception problem. There is no question that TSIX is "struggling" since it just defaulted on an interest payment. One might say that LVLT is "struggling" since they've cut back their capex and lowered revenue guidance.

Then there's GX. What is the basis for the perception that GX is "struggling"? Has management guided lower? Has it indicated that bandwidth demand is softening or that revenue estimates are too high? Quite the contrary, GX continues to beat every metric they've set for themselves. So where is the "struggle" except in the minds of nervous shareholders who are fixated on the share price instead of the business?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext