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Politics : Ask Michael Burke

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To: cardcounter who wrote (31135)	8/14/1998 5:02:00 PM
From: PaperChase	Read Replies (2) of 132070

CardCounter: Thanks for posting about the IPO of Global Crossing (GBLX). What price did you get in at? I may buy a small position for a short-term trade despite some reservations I have. I hesitated buying GBLX today because I was concerned with the CIEN news that DWDM deployment/need is slower than expected by the street. We all know that DWDM is the future but the underlying technology is changing very fast. I think networks built with today's DWDM will be very outdated in 1.5 years. GBLX's network is ugradeable but still there is technology platform risk. MOT's Iridium project looked great years ago and it's bandwidth now seems appalling low.

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