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

To: Robert Sheldon who wrote (2007)	9/21/1999 8:32:00 AM
From: AurumRabosa	Read Replies (1) \| Respond to of 15615

I agree that voice prices will trend to zero. I also suspect that fiber sales prices for GBLX's competitors may be dropping because they do not have the latest technology and may not be able to upgrade their throughput. It's very fishy that GBLX must keep their pricing "proprietary." What do they have to hide? I think shareholders are entitled to know. I too was struck by the same sentence that offended Cohrs "...almost impossible...to continue booking big revenues and profits from fiber sales." Although I thought this sentence was poorly worded the impression I got from reading it in context was not that GBLX would have problems selling their fibers but that they would have problems taking credit for it as earnings due to the accounting rule 43 that will force them to amortize those sales. You make the bold statement that "The accounting rule change will have no effect on GBLX." Could you explain the basis for this claim please? Are you predicting that rule 43 will not be applied to international undersea cable sales? It is amazing how different the articles from the same publisher can be. I saw one on a certain REIT that was shredded in Barron's and then offered as a strong buy in a Dow Jones newsletter. Perhaps that's journalistic independence. Do you think the editors of Forbes consulted and coordinated their cover story on GBLX with George Gilder from their newsletter division to assure everyone was on the same the wavelength? The Forbes writer comparing BRCM to CNXT sure didn't seem to be on the same wavelength.