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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: M. Frank Greiffenstein who wrote (58)10/27/1998 6:05:00 PM
From: D. K. G.  Read Replies (2) of 15615
 
GBLX reminds me of a QWST except at sea. The down turn in the market
during and after its IPO was an opportune time to pick up some shares.

A couple of negatives I'd like to know better:

1) They still require a large amount of capital to complete the build out. How, who, what, when, and where. etc are they going to get it.

2) There is another consortium also engaged in the same endeavor but behind. I don't have any hard numbers but I think with two players
there is still enough market for both. Bandwidth projections are all over the map but the trend is definitely up. SEE the street.com article posted a few back.

<<The only stock in my trading portfolio...>>

Are you trading this stock ?

Regards,

DKG
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