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: Rob C. who wrote (13273)8/9/2001 3:24:29 PM
From: BWAC  Read Replies (4) of 15615
 
Screw CSFB. That was the stupidest article I've seen today. How many misconstructions, deviations from what GX actually said could they cram into 200 words or less?

1.) "$5 target price." Hell thats only 50% of the $11 Billion in tangible property plant and equipment that make up the network.

2.) "lowered financial forecasts for the years 2002-2007."
Hell of a crystal ball they have there.

3.)"cut 2,000 jobs, or 15 percent of its work force."
Yeah as in eliminated, not needed, due to the current slower buildout phase GX is entering.

4.)"reflected "low-quality" revenues " Damn crappy MSFT, Dept of Defense, Embassies, DirectTV, NATO, etc.

5.)"funding gap of about $80 million in 2003" Sell a frigging airplane or boat or something to raise that. Don't the BOD members carry around that much as pocket change anyway?

Geeeeez. These sobs never give up throwing fuel on a fire they are trying to light FOR THEIR OWN PROFIT. Not ours or GX the company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News