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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Sawtooth who wrote (592)4/7/1999 9:21:00 PM
From: Sol W.  Read Replies (2) of 15615
 
I hope you right, however, a great deal has been written about how disruptive technologies often destroy companies because they do not adapt quickly enough.

The Sats are essentially trying to meet the same function as a land based fiber system, only fiber will be more reliable and cheaper. If towers are at the end of fiber, what good does a Sat do for you. Furthermore, Europe's poor telephone system appears to have become an incentive to light fiber faster, thus allowing Europe and Third Worlds to go fiber at a incredible rate.

I was into the Sats over a year ago, and will not give up on G* and I yet, however, I did not anticipate how quickly and pervasive a company like GBLX would become.

Regards,
Sol

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