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

To: J Gunn who wrote (1906)	9/9/1999 6:54:00 PM
From: J Gunn	Respond to of 15615

P.S., according to Ahhaha, there wasn't a future anyway, so I guess I shouldn't be complaining. Better to find out this way.

To: J Gunn who wrote (1906)	9/9/1999 7:40:00 PM
From: Teddy	Read Replies (1) \| Respond to of 15615

J, i could answer most of your questions (and a couple of other recent questions asked by others) but that would not help you: you would have more questions tomorrow and even more the next day. If i have not said this enough times, let me say it again Anyone that invests in any company other than through Mutual Funds should read every SEC filing, listen to every CC and read every Analyst's Report related to the industry on a daily baisis. If you do not have time to do that, you should have (pay) a Certified Financial Planner to manage your investments. The Stock Market is not a game, it is your future. Every question that you asked was answered in the CC's. Although i am much younger than than you, i think it would be OK for me to sugjest that you learn to listen first and ask later. Since this thread has recently picked up a huge number of people that have no clue, i guess i should repost the numbers a third time. Conference Call replay numbers: The first one is for Investors and Analysts only. US: 800-633-8284 International: 619-812-6440 Reservation#: 13115435# It is a short CC, but has a few interesting parts. About 19 minutes into the call the issues raised by Barron's are laid to rest: pricing is 2 to 3 times higher than Barron's stated. The article was "just wrong." The second one is for The Press and Financial Analysts. US: 800-633-8284 International: 619-812-6440 Reservation#: 13066536# This call is much longer and more detailed. I would say the theme is "More than just a network." I highly recommend that everyone listen (at least once) to both calls. (And of course, read all of the company's SEC filings.) This is huge!

To: J Gunn who wrote (1906)	9/9/1999 11:36:00 PM
From: Madharry	Read Replies (2) \| Respond to of 15615

It does not sound like what they are putting is currently worth $3Billion dollars. It sounds like a good deal to me. The create a new entity which finances itself based on the income streams of its anchor tenants/minority owners, it gets very strong loyal customers, it completes its global network, and increases shareholders wealth.

To: J Gunn who wrote (1906)	9/10/1999 1:17:00 AM
From: Daskin	Read Replies (1) \| Respond to of 15615

When the fair market value of Asia Global Crossing exceeds $5 billion, the ownership interest of Softbank and Microsoft will increase to a maximum of 19% each at a valuation of $7.5 billion and above. We are not there yet. GBLX will worth much more when the baby GBLX exceeds 5 billion. This should be called "leverage". Trade future profits for MSFT and Softbank's investment and participation. Well, what's good about it? I don't know, figure it out and let me know.