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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: RobertSheldon who wrote (13386)8/16/2001 7:06:28 PM
From: changedmyname  Read Replies (2) of 15615
 
and as an aside regarding your comment:

>>On another note, why are you relying on CSFB? For a firm under multiple investigations for multiple and wide ranging misdeeds, they are hardly the bunch to say "yea, they got it together and are the horse I want to bet on".<<

CSFB was the first broker to come out and bring to light serious problems at GX after the annual meeting. The other brokers called the cut of numbers by CSFB nonsense.

We saw who was right in the end.

I mentioned this just the other day... we shouldn't laugh at what CSFB has to say given they were the only one who got it right in the first place. They've made a fairly decent case for a funding gap. Notice how all the other firms went from saying that GX had a "significant" cushion to now a "small cushion" with little wiggleroom.

GX now faces the burden of proving CSFB wrong.

Jason
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