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


To: ahhaha who wrote (1808)9/8/1999 2:03:00 PM
From: pass pass  Read Replies (2) | Respond to of 15615
 
Why are you always so bitter? Feeling left out? You have a very pessimistic view of new technology. I certainly believe a fiber may offer nearly unlimited bandwidth but should GBLX stop building until that day comes? Owning the toll booth can be very profitable if the bridge is the only one around for a lot of traffic. GBLX is doing all it can to make sure the bridge maintains to be state-of-the-art and of high quality.



To: ahhaha who wrote (1808)9/8/1999 2:19:00 PM
From: CoffeePot  Respond to of 15615
 
For the 6 month period ended June 30th GBLX increased it's revenues over 3 fold to 368mm with a rather small loss of 19mm (considering GBLX's extremely high revenue growth) with Microsoft and Softbank in the picture the future looks very bright for GBLX IMHO



To: ahhaha who wrote (1808)9/8/1999 2:43:00 PM
From: Dan B.  Respond to of 15615
 
And perhaps I couldn't understand your reply to me on the Silkroad thread the other day- perhaps I could- either way, you are stretching quite a bit with assumptions within a future you cannot know, IMHO. However, your notion that one fiber is all it will take(whatever that means) seems next to meaningless, as by the time 10 years passes it looks like GBLX will still have many fibers which will have more than paid for themselves long ago. Perhaps some wonderful new fiber will exist? Do you underestimate future demand? I suspect so.

Fro has positive earnings. Gblx has been selling bandwidth and using the proceeds to pay off it's construction costs very quickly. NO? Why do you cry Ponzi scheme? If a future oceanic pull of a single fiber becomes the economically appropriate method to satisfy business cost, supply, and demand considerations(a stretch, IMHO), I may expect GBLX to put it there- after all, once a leading edge provider... . Again, do you underestimate demand?

I welcome your comments,

Dan B