Global Crossing - GX (formerly GBLX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Global Crossing - GX (formerly GBLX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank A. Coluccio who wrote (777)	5/3/1999 1:30:00 PM
From: Jim Willie CB	Read Replies (1) of 15615

CNBC interview with CEO Annunziata at noon on Monday May 3rd went home for lunch to eat and watch... brief but good... Bill Griffith is no technie called GBLX "the internet darling on a recent acq tear, first with Global Marine and now with Frontier with better than expected earnings just announced"... these guys crack me up... dapper Bob appeared calm and confident, nothing clumsy GBLX said to be a name to reckon with, building infrastructure for a global network... Bob denied GBLX belief that buying cheaper than building, saying the acq's complement our current building projects... goal is to carry traffic anywhere in the world... advantage is that we own our undersea cables, with debt-cost structure our own... connect US and Europe, and soon SAmerica and Asia... strong need to be global... Bob said in good times people make calls, and in bad times people make calls (smiled)... he is constantly on lookout for new acq's that complement existing structure of the company... talked of greatly increasing worldwide bandwidth needs in next few years, and GBLX will be there and ready Griffith mentioned President David Lee took as a speaker fee last year some stock that is now worth $1.6m seemed to me like Griffith thought it more an internet related company with Frontier business... Annunziata stressed telephone nature of company, and really bandwidth supplier decent publicity, jim willie (got more at 54-7/8, then more at 56, plenty)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next