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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: bwtidal who wrote (388)3/17/1999 6:27:00 AM
From: Robert Scott  Read Replies (1) of 15615
 
GBLX buys Frontier - company is looking more and more like QWST. Question is, is it undervalued or is GBLX overvalued?

Global Crossing plans to pay $62 a share for each Frontier share, so long as shares of Global Crossing trade between $34.56 and $56.78. Perhaps we're going to see a drop in price. However, this gives GBLX a real chance to be a long term player IMHO.
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