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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: eeziee who wrote (12967)8/1/2001 6:54:35 PM
From: DukeCrow  Read Replies (1) of 15615
 
I think what they are saying is that they committed to $358 million of additional network expansion which will be more than offset by reductions in cap ex derived from lower network volumes, network efficiencies, use of existing inventories, lower-than-planned prices from vendors, and spending at slower than budgeted rates.
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