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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (1314)	7/12/1999 2:22:00 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 15615

The following snip from post # 4537 thanks to SJS on the QWST thread seems to agree with my uplink observations, at least with regards to the need to acquire a substantive IP presence: "Global Crossing's deals to acquire US West (USW) and Frontier (FRO) seem about to be derailed by Qwest (QWST), but today's numbers show that real growth is in bandwidth associated with IP-based fiber networks. Global Crossing now appears to be at a crossroads of its own: either specialize in building as big a fiber all-IP network as possible, with a goal of being acquired by a larger telecom eventually, or become that larger telecom company themselves by acquiring other existing phone companies. The company was on the second path, but Qwest seems determined to stop that from happening. A shift to the first strategy would seem to make a lot of sense, and the company's decision to build the Africa ONE System, a fiber network surrounding the entire African continent, seems to fit that direction."