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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: HW Bowman who wrote (12625)7/13/2001 9:31:08 AM
From: Bill Fischofer  Read Replies (1) of 15615
 
Re: Discounts

A few minutes searching on EBAY is eye-opening as to the effect of the dotcom/telecom collapse on equipment pricing. CSCO, SUNW, etc. are being forced to compete with their own deeply discounted barely used equipment. There's seldom been a better "buyer's market" and this is why GX is in such an advantageous position when it comes to stretching future capex dollars.
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