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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: SecularBull who wrote (12084)6/20/2001 6:51:10 AM
From: rhkohnen  Read Replies (1) of 15615
 
Robert, you may have a better feel of what a default of payment to GX by EXDS for bandwidth usage would mean to GX. BTW any idea where the next level of entry should be?<GG>

There may be fear that EXDS does not pay it's usage bill to GX. That would be a significant revenue stream that would be loss by GX, if it happened. EXDS is at $2.83 and still dropping. If such an occurrence did happen, GX would probably be forced to revise earnings expectations down. This may be what we are looking at here.

Best regards
Bob
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