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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: MileHigh who wrote (1087)6/6/1999 5:36:00 PM
From: Raymond Duray  Read Replies (2) of 15615
 
Hi MileHigh,

You are ahead of me on this one. I've checked the wires and can't find anything on the Ireland deal. Where can I get the 411?

For me, the more the merrier on acquisitions, as long as they fit a strategic goal. Annuziato(sp?) and Winnick come from very entrepreneurial roots, building GBLX into a major player is in the blood. I don't know the CIBC crowd, but I do know you don't put together a $37B company in 2 years if you are unconnected or asleep at the switch.

We are in the midst of a technological revolution in telecoms. And this bunch is leading the charge. Those who are looking for a pure play will necessarily look elsewhere. Management at GBLX knows life is messy and they are dealing with it. Funny how I can see the future of this company fairly clearly, and after the reported delays on VoIP over cable and the Portland follies, T's future looks a bit more murky. Just opinion of course, what are they doing in Ireland? Buying a brewery?

Best, Ry
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