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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (11757)	9/8/1999 9:40:00 AM
From: Kaliico	Read Replies (3) \| Respond to of 57584

Any GBLX fans out there.... low 20's ??? cheap ? News today Global Crossing, Softbank and Microsoft Establish Joint <GBLX.O> MSFT.O> Global Crossing, Softbank and Microsoft Establish Joint Venture Company To Build Telecom Network Providing Advanced Services Throughout Asia -- Global Crossing contributes its interest in Pacific Crossing 1 system; Softbank and Microsoft contribute $350 million and make $200 million capacity commitment. -- Will initially build $1.3 billion broadband East Asia Crossing network connected by Pacific Crossing 1 to U.S. and remainder of Global Crossing's worldwide network. -- Japan, China, Singapore, Hong Kong, Korea, Taiwan, the Philippines and Malaysia will be linked by East Asia Crossing's 17,700-kilometer undersea and terrestrial network. -- Will include terrestrial links and city rings as well as undersea cables; provide web hosting, e-commerce and other Internet services as well as low-cost telephony.