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


To: J Gunn who wrote (1664)9/2/1999 11:06:00 PM
From: Rupert  Read Replies (2) | Respond to of 15615
 
Something that has always bothered me about GBLX is that their stock price is one of the most prominent pieces of information on their home page:

globalcrossing.com

Not always in the best of taste to present your stock price like this on your home page, especially of course recently. Makes me think that these are basically money guys...wealthy Republicans who looked around for something they could spend their money on. I don't think they have fiber optic cable in their veins like they do over at QWST...(which I own as well - another red hole in my 'folio at the moment).

What keeps me here is that I want to be a wealthy republican and hang out in Bermuda too, and that I think that there is a new wave of Internet applications struggling to emerge that are going to blow your socks completely off..and which are going to eat up all this bandwidth with no problem. When I speak to my mother in England _why_ can't I see her too? When I sit down at night in front of the TV _why_ can't I watch any Twin Peaks or Seinfeld episode I want to? In five years time scheduled TV will seem like a joke ("you mean you used to have to _wait_ until 8 o'clock to watch NYPD Blue?..how quaint") ...

People who are talking about a bandwidth glut remind me of the people who said that a PC would never need more than a 10 megabyte hard disk. They are wrong.

When you see truly excellent Internet bandwidth hungry design, such as Chrysler's wonderful new website for its PT Cruiser car:

chrysler.com

you can get an inkling of where this is all going, and why this is now all about the network and not the computer.

(And once we get this dratted merger behind us and can focus on actually crossing the Globe, maybe I'll be able to get a PT Cruiser! :)

Good luck