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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Nick Papa who wrote (420)3/16/1999 10:50:00 PM
From: FFNEODOC  Read Replies (1) of 15615
 
The answer is Bandwidth;
I'm a physician who's also an electrical engineer. Worked on the original digital data transmission protocols thru glass fiber back in 1974 well before Bell Labs was Lucent (& MCI was just a pipe dream) Was lucky enough to pick up 2000 shares of GBLX @ ~ $18 last October & is now one of my major holdings. I think what we've seen today is the in-inevitable sell off after a tremendous run & would look at any correction as a good time to add to your position. Fiber is the only way the internet of the future will be converted from the World Wide Wait to it's full potential. Wireless & copper just don't have the potential to overcome all the obstacles. Glass Fiber has virtually unlimited distortion free bandwidth. This is the TRUE INTERNET COMPANY, not one of the hyped up EBAY's or AMZN's. The management of GBLX know that for every $1 they spend laying fiber, they can generate $2 in annuals contracts to tap into that bandwidth. Mark my words, Glass today will be the gold of tomorrow.
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