SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CF Rebel who wrote (915)5/16/1999 11:12:00 PM
From: D. Newberry  Read Replies (1) of 15615
 
If you have separate tracking stocks, you essentially have two separate companies that have a common owner.

Seems GBLX got 2.4B cash infusion for further growth, and has USW as a captive feed into their network. The more I think about this it makes sense -- I would have preferred BLS, but their minority purchase of Qwest ended that possibility.

The question is, will this be the end of the buying spree for now?

This business continually amazes me.

Still (very) long.

Regards,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext