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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: A.L. Reagan who wrote (12057)6/19/2001 8:29:49 PM
From: Theophile  Read Replies (1) of 15615
 
Differences between yields on WCG bonds and GX bonds probably do not reflect the internet traffic growth rate so much as business model differences. WCG bonds might be lower priced if their parent were not so wealthy. GX has no parent, they are all alone in the big wide world. TCM similar to WCG. I note TCM is being bought by somebody, possibly their parent corp. as the fiber network is not much compared to the assets TCM really represents: marine construction outfit. FWIW.

Good to see you here...

Martin Thomas
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