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

To: gizelle otero who wrote (1992)	9/20/1999 8:59:00 AM
From: gizelle otero	Read Replies (3) \| Respond to of 15615

TEN Reasons to Buy GBLX Now: 1. Frontier merger. This addition is immediately additive to earnings. It serves to link undersea cables with Frontier's extensive network of terrestrial cabling. Also, Frontier brings services to the table. Global Crossing is not satisfied with operating the toll booth on the information superhighway; they want to repair the road and service vehicles moving along on it. Frontier enables Global to do all that. 2. Microsoft and Softbank backing. These two giants (in market cap alone) will ensure success for Global. If you look at the structuring of their arrangement, you realize they are forced to pony up more and more money as the market cap of Global grows. The effect will be a logarithmic increase in GBLX share price for the next three years. 3. "Lock" on insider sales for six months past merger. Both Frontier and Global executives have pledged to keep 100 % of their shares for at least six months after the merger closes. 4. Insider ownership. Winnick (AKA - "The Rainmaker") owns 25% of Global Crossing. What is good for him as a shareholder is good for you. Enough said. 5. Fidelity Asset Management (FMR) ownership. FMR recently announced they have established a 5% stake in GBLX. They bought from $28-$22 a share. Did you? 6. $500 million stock buyback. Global has pledged to buy back at least half a billion...that's with a "B", folks...of it's own stock after the merger. What better way to emphasize the bright future the board of directors sees for this company. 7. "First There" advantage. By being the first company to be a true global telecommunications enabler, Global Crossing has a distinct advantage shared by many extremely successful companies. Everyone else has to catch up and (take it from me) that's a harder and harder thing to do in an industry where barriers to entry are a mile high and getting higher every day. 8. Visionary leadership. Look at who is at the top of the Global pyramid. If you don't know them, you better learn who they are. They are the future faces of telecommunications in the world. 9. Lowest cost structure, most efficient business model, and technology only makes it cheaper. Global Crossing, when the network is complete, will have the lowest cost structure in the industry. It is THE most efficient business model I have ever seen. As technology gets better, we make money at an exponential rate. 10. Like Steve Austin says (my son is a WWF fan) "Cause I say so!" or if you prefer...Can you smell what The Rock (Winnick) is cookin'? It smells like enormous profits to me. Buy now or kick yourself for the next ten years.